Dangote Petroleum Refinery has credited the naira-for-crude oil initiative with serving to it cut back the price of petrol, resulting in decrease costs at gasoline stations throughout Nigeria.
In a press release on Monday, Might 19, the corporate mentioned it might proceed to maintain petrol costs steady regardless of fluctuations in world crude oil costs, noting that this method aligns with its dedication to easing strain on Nigerian customers.
“We’re immensely grateful to President Bola Tinubu for making this doable by means of the commendable naira-for-crude initiative, which has enabled us to constantly cut back the worth of petroleum merchandise for the advantage of all Nigerians,” the assertion mentioned.
Signed by Anthony Chiejina, Group Chief Branding and Communications Officer, the assertion defined that the refinery’s worth cuts mirror its dedication to {economic} stability and sustainability.
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“Our method aligns with the goals of the Federal Authorities’s ‘Nigeria First Coverage’, which promotes the prioritisation of locally-produced items and providers,” it added.
In accordance with Dangote, refining merchandise domestically at its Lagos-based refinery, the world’s largest single-train facility, has allowed Nigeria to save lots of international alternate and strengthen power safety, whereas additionally supporting President Tinubu’s Renewed Hope Agenda.
“Dangote Petroleum Refinery stays dedicated to making sure that the advantages of our native refining capability are absolutely realised and loved by the Nigerian populace. We’ll proceed to prioritise affordability, high quality, and nationwide curiosity in each aspect of our work,” the corporate assured.
It additional pledged to keep up operational excellence whereas persevering with to serve nationwide curiosity by means of steady pricing and reliable gasoline provide.
