Dangote Petroleum Refinery has said that its ability to lower petrol prices is due to the federal government’s naira-for-crude oil policy. The company noted that this arrangement has helped reduce costs at the pump and ease the financial burden on Nigerians.
In a statement issued on Monday by its Group Chief Branding and Communications Officer, Anthony Chiejina, Dangote confirmed that it has been able to keep petrol prices stable despite fluctuations in global crude oil markets.
“We are grateful to President Bola Tinubu for enabling this through the naira-for-crude initiative. It has allowed us to consistently lower the cost of petroleum products for Nigerians,” the statement said.
Dangote added that its focus remains on offering affordable and high-quality fuel while supporting the Nigerian economy. It stressed that the decision to maintain stable prices reflects its commitment to national development and energy security.
The company also highlighted that refining fuel locally at its world-class facility supports Nigeria’s “Nigeria First Policy”, helps save foreign exchange and boosts economic resilience.
Dangote assured consumers, partners and government stakeholders of its continued commitment to providing affordable fuel, maintaining quality and contributing to national progress.