Petrocam CEO urges marketers on innovation

Fourth from left: Managing Director/ Chief Executive Officer of Petrocam Nigeria Limited, Mr. Patrick Ilo and wife, Mrs. Toyin Ilo in a group photograph at formal commissioning of Petrocam 7th Filling Station yesterday in Epe Lagos 

Fuel marketers should be more innovative, by using solar energy and other methods off-grid electricity to achieve growth, Petrocam Nigeria Limited's Chief Executive Officer, Mr. Patrick Ilo, has said.

He spoke during the commissioning of its 7th solar-powered fuel outlet in Epe, Lagos

Mr. Ilo said the outlet generates more than 75,000 kilowatts of electricity yearly through solar, adding that the firm leverages the solar energy to provide power to the neighboring streets in the area, urging marketers to achieve similar feat.

He said marketers would be able to reduce the cost of operation, play better in the sub-sector and maintain competitiveness.

He urged the Federal Government to fully deregulate the downstream sub-sector of the oil and gas industry, adding that the development would spur the growth of the sub-sector.

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