Dangote refinery assures price stability amidst global crude oil fluctuations

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Dangote Petroleum Refinery and Petrochemicals has assured Nigerians of stable petroleum product prices despite fluctuations in global crude oil prices. In a statement signed by its group chief branding and communications officer, Anthony Chiejina, the company expressed its commitment to supporting the Nigerian economy and alleviating the burden on consumers.

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The decision to maintain price stability reflects Dangote’s dedication to providing affordable, reliable, and high-quality petroleum products. “Our approach aligns with the objectives of the Federal Government’s ‘Nigeria First policy,” which promotes the prioritisation of locally produced goods and services,” the statement read.

Dangote Refinery believes its contribution to Nigeria’s energy security, foreign exchange savings, and overall economic resilience aligns with President Bola Tinubu’s Renewed Hope Agenda. “We are immensely grateful to President Tinubu for making this possible through the commendable Naira-for-Crude Initiative, which has enabled us to consistently reduce the price of petroleum products for the benefit of all Nigerians,” the statement added

Chiejina reaffirmed the company’s dedication to operational excellence and national service, assuring stakeholders of its commitment to prioritising affordability, quality, and national interest. “Dangote Petroleum Refinery remains committed to ensuring that the benefits of our local refining capacity are fully realised and enjoyed by the Nigerian populace,” the statement concluded.

“We will continue to prioritise affordability, quality, and national interest in every facet of our work,” Dangote Refinery pledged, as it continues to play a significant role in Nigeria’s energy sector.

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