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“We are not afraid that Dangote or any other refinery is moving towards monopoly as earlier suspected or thought about but we will continue to advise that let refiners refine, let depot owners keep soaring and let retail outlet owners keep retailing too.
But as patriotic Nigerians that we are, we encourage that let us pursue our internal market and grow our economy strong.” Gillis-Harry dismissed concerns that Dangote Refinery or any other refining entity was creating a monopoly, contrary to speculations raised in November 2024.
“Primarily, we have a long-term relationship with the NNPCL, that is one company an agreement has been entered into with for so many years, and we will continue to benefit the values of those agreements with our bulk purchase agreement, and the allocation of products.
Speaking on Channels Television’s The Morning Brief on Tuesday, he emphasized the need for a competitive market free from monopolistic control while reaffirming PETROAN’s long-standing relationship with the Nigerian National Petroleum Company Limited (NNPCL) and other key players in the industry.
“We also load from Dangote Refinery because that is a very credible source that we also lift petroleum products from..
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