• Urge government to guarantee adequate crude supply to all refiners
•Say Dangote’s pricing of products in dollars highlight single supplier risks
Emmanuel Addeh in Abuja
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) yesterday called on the federal government to immediately restore the country’s state-owned refineries to full commercial operation, arguing that a competitive refining landscape is critical to ensuring price stability, strengthening energy security and reducing pressure on the naira.
The association also urged the government to guarantee adequate crude oil supply to all domestic refiners, saying Nigeria’s downstream petroleum market should not depend on the fortunes or pricing decisions of a single refinery.
