Queue at the filing station The President, Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
L-R: Senior Adviser Stakeholder Relations, NNPC Upstream Investment Management Services (NUIMS), Joy Eguahon; Manager, Host Communities Development, Nigerian Upstream Petroleum Regulatory Commission ( NUPRC), Omolade Awah; Chairman, Kolo-Creek Host Community Trust, Joseph Otobo; Commissioner, Mineral Resources, Bayelsa State, Ibieri Jones, and SPDC Director and Head Corporate Relations, Shell Companies in Nigeria, Igo Weli, at the inauguration of Host Community Development Trusts in Yenagoa …on Tuesday. By Favour & Akinola Ajibade 3 The Shell Petroleum Development Company, operator of the SPDC joint venture, yesterday, unveiled eight Host Community Development Trusts in Bayelsa State, South-South Region of the country. The initiative is a major step towards unlocking t he $56million earmarked for development in line with the provisions of the Petroleum Industry Act (PIA) 2021. The firm, in a statement, signe...