By Adewunmi Oluwaseun
Despite the rising cost of crude oil on the global market, Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to keeping petrol prices stable for Nigerian consumers.
The company said its decision to maintain affordable pump prices amid international volatility reflects its firm dedication to supporting the nation’s economy and easing the burden on the public.
According to a statement from Group Chief Branding and Communications Officer, Anthony Chiejina, the move aligns with the Federal Government’s Nigeria First policy and President Bola Tinubu’s Renewed Hope Agenda.
“Refining locally at the world’s largest single-train refinery strengthens Nigeria’s energy security, conserves foreign exchange, and boosts economic resilience,” the statement noted.
The firm praised the President’s Naira-for-Crude initiative, which it said has enabled consistent price cuts on petroleum products.
The refinery also assured stakeholders of its continued focus on affordability, quality and national interest in its operations.
Meanwhile, the refinery has taken delivery of 146,000 metric tonnes of crude oil, with another 125,000 metric tonnes expected soon.
Additionally, three vessels have arrived to lift jet fuel exports, further positioning the facility as a key player in the global energy market.