Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to maintaining price stability for Premium Motor Spirit (PMS), commonly known as petrol, despite fluctuations in global crude oil prices.
In a statement signed by the Group Chief Branding and Communications Officer, Anthony Chiejina, the company emphasised that its consistent reduction in petrol prices reflects a strong dedication to supporting the Nigerian economy and easing the burden on consumers amid rising global fuel costs.
Dangote stated that this decision highlights its resolve to deliver affordable, reliable, and high-quality petroleum products while maintaining operational efficiency and sustainability.
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“Our approach is in line with the Federal Government’s ‘Nigeria First’ policy, which prioritises locally produced goods and services. By refining petroleum products domestically at the world’s largest single-train refinery, we are proud to contribute significantly to Nigeria’s energy security, conserve foreign exchange, and enhance economic resilience. This aligns with President Bola Tinubu’s Renewed Hope Agenda, aimed at tackling economic challenges and improving the well-being of Nigerians.
“We are deeply grateful to His Excellency, President Bola Tinubu, for enabling this achievement through the commendable Naira-for-Crude Initiative. This policy has made it possible for us to continue reducing the price of petroleum products for the benefit of all Nigerians.”
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The company assured all stakeholders—including consumers, partners, and government agencies—of its ongoing commitment to operational excellence and national development.
“Dangote Petroleum Refinery remains steadfast in ensuring that the advantages of local refining are fully realised by the Nigerian people. We will continue to prioritise affordability, quality, and the national interest in all our operations.”
