By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Sell Warri, Kaduna refineries to private firms – Marketers tell FG
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Sell Warri, Kaduna refineries to private firms – Marketers tell FG

Business

Sell Warri, Kaduna refineries to private firms – Marketers tell FG

Olaitan Sodiq
Olaitan Sodiq
Published: June 7, 2025
Last updated: June 7, 2025
2 Min Read
Share
Sell Warri, Kaduna refineries to private firms – Marketers tell FG
Warri Refinery
SHARE
  • PETROAN has urged the Nigerian government to sell the Warri and Kaduna refineries to private firms.

  • This was disclosed this in a statement on Saturday titled, ‘Retrospect of Nigeria’s Oil and Gas Downstream Sector in 2024′,

  • PETROAN explained that the Nigerian government needs to sell the refineries to a reputable firm to guarantee a successful 2025 in the downstream sector.

 

The Petroleum Products Retail Outlets Owners Association of Nigeria has advised the Federal Government to privatise the Warri and Kaduna refineries.

 

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

In a statement titled ‘Retrospect of Nigeria’s Oil and Gas Downstream Sector in 2024′, the association noted that the refineries’ privatisation would guarantee a successful 2025 in the downstream sector.

According to the association, the privatisation of the 125,000 barrels per day Warri Refinery and 110,000 barrels per day Kaduna Refinery would attract reputable private companies, thereby improving efficiency and reducing government spending.

“Privatise Nigerian-owned refineries, such as the Warri and Kaduna refineries, to reputable private companies to improve efficiency and reduce government spending,” the statement read.

READ ALSO: Independent Marketers Secure Direct Petrol Supply from Dangote Refinery

The association’s National President, Billy Gillis-Harry, also called on President Bola Tinubu’s administration to consider its request for N100 billion in intervention funds to prevent filling stations from shutting down over harsh economic realities.

“PETROAN requests a grant of N100 billion from President Bola Tinubu to help prevent the closure of 10,000 marketers’ businesses,” the statement added.

Fuel Price: Marketers Predict N500 Per Litre In 2025

There are strong indications that the price of Premium Motor Spirit (PMS), popularly known as petrol, may crash to as low as N500 per litre in 2025.

This projection is anchored on key developments within Nigeria’s downstream petroleum sector, including the Federal Government’s deregulation policy.

Continue Reading Here

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Petrol marketersTop StoriesWarri Refinery
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Nigeria’s Oil Rig Count Hits 46 in July 2025 – NUPRC | Daily Report Nigeria
Nigeria’s Oil Rig Count Hits 46 in July 2025 – NUPRC
Business
3 Teenagers Remanded For Causing Nuisance Around Wike’s Abuja Residence
FCTA Deploys Task Force Against Beggars, Scavengers and ‘One-Chance’ Syndicates in Abuja
News
ADC Unveils Names of Party Chairmen Across 36 States | Daily Report Nigeria
ADC Unveils Names of Party Chairmen Across 36 States
Politics
FCMB Opens Application for 2025 Management Internship Program | Daily Report Nigeria
FCMB Opens Application for 2025 Management Internship Program
Jobs
EFCC Arrests 12 Suspected Internet Fraudsters in Lagos | Daily Report Nigeria
EFCC Arrests 12 Suspected Internet Fraudsters in Lagos
Metro

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Gunmen Kill Miyetti Allah Chairman in Kaduna | Daily Report Nigeria
Metro

Gunmen Kill Miyetti Allah Chairman in Kaduna

February 18, 2025
Breaking: Facebook Deletes Nnamdi Kanu's Page Over Broadcast on Herdsmen | Daily Report Nigeria
News

Breaking: Facebook Deletes Nnamdi Kanu’s Page Over Broadcast on Herdsmen

June 13, 2025
BREAKING: Protest in Bayelsa as Tricycle Rider Stabs Passenger to Death | Daily Report Nigeria
Metro

BREAKING: Protest in Bayelsa as Tricycle Rider Stabs Passenger to Death

March 11, 2025
BREAKING: Bank of Industry MD, Alwan Hassan Declared Missing After Kaduna Train Attack | Daily Report Nigeria
News

BREAKING: Bank of Industry MD, Alwan Hassan Declared Missing After Kaduna Train Attack

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?