The Dangote Petroleum Refinery says its ability to cut and stabilize petrol prices is due to Nigeria’s naira-for-crude initiative, supporting affordability despite global oil price fluctuations.
- Dangote credits the naira-for-crude deal for helping reduce pump prices and supporting economic stability.
- The refinery affirms its commitment to keeping prices affordable, aligned with the Nigeria First Policy.
- Local refining is framed as a pillar of energy security and economic resilience under Tinubu’s Renewed Hope Agenda.
For Nigerians grappling with rising living costs, Dangote’s price cut offers rare relief at the fuel stations. The statement highlights a shared goal of easing everyday burdens while strengthening local industry and service reliability.
With global oil prices remaining unstable, can Dangote maintain its promise of affordability, and will other players follow its lead?
