Why Dangote refinery will disrupt Europe’s Oil & Gas industry - OPEC

Dangote speaks on global petrol price concerns

Dangote Petroleum Refinery and Petrochemicals has vowed to maintain stable petrol prices, despite ongoing volatility in global crude oil markets.

In a statement issued on Monday in Lagos, Mr. Anthony Chiejina, Group Chief Branding and Communications Officer, reaffirmed the company’s commitment to reducing the cost of Premium Motor Spirit (PMS), aiming to ease economic pressure on Nigerian consumers and support national growth.

“This decision reflects our dedication to delivering affordable, top-quality petroleum products without sacrificing efficiency or sustainability,” Chiejina said.

He highlighted that Dangote’s efforts align with the Federal Government’s Nigeria First policy, which promotes local production, and supports President Bola Tinubu’s Renewed Hope Agenda focused on economic transformation.

“Operating the world’s largest single-train refinery positions us to play a vital role in strengthening Nigeria’s energy security, conserving foreign exchange, and reinforcing economic resilience,” he noted.

Chiejina also acknowledged the impact of President Tinubu’s Naira-for-Crude Initiative, which has helped bring down fuel prices for Nigerians.

Dangote Petroleum Refinery reiterated its unwavering focus on excellence and national service, assuring stakeholders including consumers, partners, and the government of its long-term commitment.

“We remain focused on ensuring Nigerians fully benefit from domestic refining. Our operations will always be guided by affordability, quality, and the national interest,” the statement concluded