Mega Filling Station Owners Lament Harsh Business Environment

Association of Mega Filling Station Owners of Nigeria (AMFSON) has lamented the harsh business operating environment in the country. It cites rising energy costs to run outlets, huge transportation costs in ferrying products to their stations, and shrinking margins in product sales.

This was even as the association inaugurated its National Executive Committee (NEC) with Chief Davison Nwankwo as the national president.

AMFSON noted that the inauguration of its officials came at a time when the nation is battling epileptic seizures and the high cost of petroleum products.

In a statement made available to newsmen in Kaduna after its ordinary general meeting (OGM) in Port Harcourt, Rivers State, the secretary of the Board of Trustees of AMFSON, Ambassador Kenneth Nwachukwu, it was recalled that AMFSON came into existence in 2010 to protect the interest of its members.

Nwachukwu, therefore, urged AMFSON members to remain united and committed to the association’s cause so that they could derive maximum benefits from it.

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According to the statement, “The Association of Mega Filling Station Owners of Nigeria (AMFSON) has inaugurated its national executive committee with Chief Davison Nwankwo as the national president.

“The inauguration ceremony was the high point of the 2024 ordinary general meeting (OGM), held at Tokyu Grande Hotel, Port Harcourt. It marked the full return of the umbrella body of owners of filling stations branded in NNPC colours across the country.

“The rejuvenation of AMFSON is coming as the nation continues to battle epileptic supply and high cost of petroleum products across the country.

“Before the inauguration ceremony, members of the association who converged in Port Harcourt from across the country lamented the harsh operating environment under which their members were operating.

“Some of the challenges include rising energy costs to run their outlets, huge transportation costs in ferrying products to their stations, and shrinking margins in product sales.

“Addressing AMFSON delegates shortly after the inauguration, the National President, Chief Davison Nwankwo, expressed gratitude for the members’ confidence in him in asking him to pilot the association’s affairs.

“Nwankwo, who is also the managing director of Deez Oil &Gas Limited, assured members that the business interest of AMFSON members would be fully protected under his leadership,” he said.