The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has formally endorsed Petroleumprice.ng as the country’s top platform for fuel pricing, downstream petroleum news, and digital marketplace services.
The association, which represents fuel retail outlets nationwide, described the endorsement as a recognition of Petroleumprice.ng’s role in promoting transparency, accuracy, and operational efficiency across the sector. After reviewing the platform’s services, PETROAN concluded that it empowers stakeholders with trusted data and timely market insights.
Partnership Highlights Industry Collaboration
During the signing event in Lagos, PETROAN National President Dr. Billy Gillis-Harry emphasized the platform’s value. He stated that the industry requires more technological innovation to meet modern challenges.
“Petroleumprice.ng embodies the transparency and innovation our sector urgently needs,” Dr. Gillis-Harry remarked. “It enables marketers, retailers, fleet operators, and consumers to make better decisions based on verified, real-time information.”
As part of the collaboration, PETROAN will work closely with Petroleumprice.ng to strengthen price intelligence and boost operational decision-making for its members.
Platform Reaffirms Commitment to Sector Growth
Petroleumprice.ng CEO Olatide Jeremiah welcomed the endorsement. He confirmed that the company remains focused on transforming Nigeria’s downstream petroleum sector through smart technology and dependable intelligence tools.
“We are honored by PETROAN’s endorsement,” Jeremiah said. “Our mission is to deliver accurate depot pricing, actionable market intelligence, and a secure trading environment for all stakeholders.”
Platform Capabilities
Petroleumprice.ng provides real-time pricing updates for petrol (PMS), diesel (AGO), kerosene (DPK/ATK), and LPG. It gathers data daily from depots in Lagos, Port Harcourt, Warri, and Calabar. This helps users identify regional price trends and manage costs more efficiently.
Moreover, the platform offers expert market analysis, including oil price fluctuations, FX impacts, refinery activity, and regulatory shifts. It also features a mobile-optimized interface, verified B2B trading, alert services, and stakeholder resources—all designed to increase transparency and trust.
PETROAN Commits to Market Accountability
Dr. Joseph Obele, National PRO of PETROAN, highlighted the importance of digital platforms in ensuring price integrity and reducing risks. He affirmed that PETROAN’s collaboration with Petroleumprice.ng would enhance data transparency and support reforms aimed at improving Nigeria’s fuel supply chain.