The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has insisted that the price of the petrol it intends to import will be cheaper than the current rate sold in the country.
The National Public Relations Officer of PETROAN, Joseph Obele, said this to newsmen on Monday, saying that competition must be allowed in a deregulated environment.
Obele says that PETROAN has incorporated a business unit that would enable it to bring in petrol before December.
Obele says the allegation by Dangote Refinery that the marketers intend to import substandard products at a cheaper rate is a ploy to maintain monopoly.