The Petroleum Products Retail Outlets Owners Association of Nigeria – PETROAN has confirmed that the recently rehabilitated Port Harcourt Refinery has begun selling petro at 1,045 naira per litre, a price 75 naira higher than the 970 naira per litre offered by Dangote Refinery.
The refinery resumed operations on Tuesday after years of inactivity, drawing initial praise from Nigerians and industry stakeholders.
However, concerns have arisen over the higher petrol price compared to the ex-depot prices currently available in the country.
Speaking yesterday, PETROAN’s National Public Relations Officer, Dr. JOSEPH OBELE, noted that it has discouraged marketers from lifting products from the refinery.