*** Commits to national economic development
Dangote Petroleum Refinery and Petrochemicals reaffirmed that despite the fluctuations in global crude prices, it has consistently reduced the price of Premium Motor Spirit (PMS), commonly known as Petrol.
The Company in a release signed by its Group Chief Branding and Communication Officer, Anthony Chiejina said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian economy and alleviating the burden on consumers from the increase in fuel prices by maintaining price stability.
The decision, Dangote said underscores its dedication to providing affordable, reliable and high quality petroleum products without compromising operational efficiency and sustainability.
“Our approach aligns with objectives of the Government’s policy which promotes the prioritisation of locally produced goods and services by refining petroleum products domestically at the world’s largest single – train refinery, we are proud to make substantial contribution to Nigeria’s energy security, foreign exchange savings, and overall economic resilience aligning with President Bola Ahmed Tinubu Renewed Hope agenda, which is focused on addressing the nation’s economic well – being of Nigerians.
We are grateful to His Excellency, President Bola Ahmed Tinubu for making this possible through the Commendable Naira – for – Crude Initiative, which has enable us to consistently reduce the Price of Petroleum Products for the benefits of all Nigerians.
The Company assures all stakeholders consumers, partners and the government of its continuous dedication operational excellence and national service. “Dangote Petroleum Refinery remains committed to ensuring that the benefits of our local refinishing capacity are fully realised and enjoyed by the Nigerian populace. We will continue to prioritise affordability, quality, and national interest in every facet of our work