Dangote Pledges Petrol Price Stability Despite Rising Crude Oil Prices
Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to maintaining stable petrol prices, even as global crude oil prices continue to fluctuate.
The affirmation is contained in a statement issued on Monday in Lagos, the Group Chief Branding and Communications Officer of the company, Mr Anthony Chiejina.
Chiejina stated that the company has consistently reduced the price of Premium Motor Spirit (PMS), underscoring its dedication to supporting the Nigerian economy and easing the financial burden on consumers.
“This decision reflects our commitment to delivering affordable, high-quality petroleum products without compromising efficiency or sustainability.”
Chiejina emphasised that Dangote’s efforts align with the Federal Government’s Nigeria First policy, which prioritises local production, and supports President Bola Tinubu’s Renewed Hope Agenda aimed at economic recovery and national development.
“Refining petroleum products locally at the world’s largest single-train refinery allows us to significantly contribute to Nigeria’s energy security, conserve foreign exchange, and bolster economic resilience.
“We are deeply grateful to President Tinubu for enabling this through the Naira-for-Crude Initiative, which has helped reduce fuel prices for the benefit of all Nigerians.
“Dangote Petroleum Refinery reassured stakeholders—consumers, partners, and the government—of its continued focus on operational excellence and national service.
“We remain committed to ensuring that the benefits of our local refining capacity are fully realised by Nigerians. ” Affordability, quality, and national interest will always guide our operations,” the statement added. #Dangote Pledges Petrol Price Stability Despite Rising Crude Oil Prices#
