AD

PETROAN, NUPENG Plan Strikes to Resist Monopoly in Petroleum Sector

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has announced plans to suspend lifting and dispensing of petroleum products nationwide for three days beginning Tuesday, September 9, in protest against monopolistic practices in the downstream oil sector.

The move, which coincides with a planned strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), is expected to ground operations in the industry if no urgent intervention is made.

Addressing members and journalists in Abuja, on Saturday , September 6, PETROAN said its action will be lawful and peaceful, emphasizing its commitment to protecting citizens’ interests, stabilizing fuel prices, and ensuring fair competition in the sector.

The association called on President Bola Tinubu, the Minister of State for Petroleum (Oil), the Group Chief Executive of NNPC, the Authority Chief Executive of NMDPRA, as well as the heads of the DSS and Nigeria Police Force, to intervene urgently to avert nationwide hardship.

PETROAN noted that most pump attendants at its member filling stations are also NUPENG members, which means their participation in the strike would leave outlets without attendants. It therefore directed station owners not to discipline or sack any worker absent during the industrial action.

The association warned against monopolistic tendencies allegedly driven by Dangote Refinery, saying such practices could push out private depot owners, modular refineries, independent marketers, and truck operators, leading to massive job losses.

Also Read: NUPRC Oversees Execution Of Deepwater Oil Block Deals

“Any strategy aimed at creating monopoly should not be mistaken for generosity,” the association cautioned, comparing the current situation to past developments in Nigeria’s cement industry.

In an effort to avert the shutdown, PETROAN said it held an emergency national meeting and would continue consultations through Sunday and Monday. However, it resolved that if no resolution is reached, the suspension of operations would commence on Tuesday.

To ensure compliance and safeguard facilities, the association said it would deploy a 120-man compliance team across the country.

PETROAN reaffirmed its readiness to work with stakeholders to promote healthy competition, protect workers’ rights, and create a conducive business environment for sustainable growth in Nigeria’s oil and gas sector.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
HRM Summons PHED, Asks Reason For Recent Power Outage
Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
US Slashes Nigerian Crude Imports by Nearly Half
Dangote Refinery Denies IPO Lauch, Cites No Official Offer
STAN Visits Spark Confidence In Rivers Education Leadership
The Quiet Absence of Port Harcourt’s Musical Craftsman
IYC Backs Tantita, Urges FG to Sustain Pipeline Gains

Leave a Reply

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