By Seun Ibiyemi
The leadership of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has paid a strategic courtesy visit to the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Mohammed in a move aimed at reinforcing collaboration within the nation’s downstream petroleum sector.
The delegation, led by PETROAN President, Dr. Billy Gillis-Harry, held extensive discussions with the Authority Chief Executive focused on enhancing retail petroleum operations across the country.Nigeria saved N6trn from fuel import losses – NMDPRA
Key issues deliberated at the meeting included improving operational efficiency, strengthening regulatory compliance, ensuring product availability, maintaining pricing stability, and enhancing consumer protection within Nigeria’s evolving downstream market framework.
Dr. Gillis-Harry commended the reform-driven initiatives of the Authority and stressed the importance of sustained stakeholder engagement to tackle challenges confronting retail outlet operators nationwide.
He noted that stronger synergy between the regulator and operators would boost transparency, improve safety standards, and enhance service delivery at the retail end of the petroleum value chain.
In his remarks, the Chief Executive, Engr. Saidu Mohammed reaffirmed the regulator’s commitment to creating a level playing field for operators and fostering a business environment that supports sustainable growth, investment, and operational efficiency in petroleum retail activities across Nigeria.
The meeting ended with both parties expressing a shared resolve to deepen collaboration in advancing a more resilient, transparent, and performance-driven downstream petroleum sector.
