Dangote Petroleum Refinery has assured Nigerians that it will continue to offer stable petrol prices despite the volatility of global crude oil prices. According to the company, maintaining price consistency reflects its dedication to supporting the Nigerian economy and easing the burden of rising fuel costs on consumers. This effort is part of Dangote’s commitment to delivering high-quality, affordable petroleum products while ensuring operational sustainability.
The company emphasized that this approach aligns with Nigeria’s policy of promoting locally produced goods and services, specifically through the Nigeria First policy. Dangote’s local refining efforts also directly contribute to the country’s energy security and economic resilience, enhancing foreign exchange savings and supporting the national agenda for economic growth, as outlined by President Bola Tinubu.
In his statement, Dangote Group’s Chief Branding and Communications Officer, Anthony Chiejina, expressed gratitude for the Naira-for-Crude Initiative. This initiative, introduced by President Tinubu, has played a key role in enabling Dangote to reduce fuel prices, benefiting Nigerians nationwide.
Additionally, Dangote Petroleum Refinery is set to receive significant crude oil shipments. A vessel, the Hercules, is currently unloading 146,000 metric tonnes, while another shipment from the Sienna vessel, containing 125,000 metric tonnes, is expected soon. The company also noted that several vessels have arrived to load jet fuel for the global market, further demonstrating the refinery’s growing operations and international reach.
The refinery remains dedicated to ensuring its products remain affordable and available to all Nigerians, underlining its long-term commitment to operational excellence and the national interest.