{"id":7867,"date":"2025-05-20T08:01:01","date_gmt":"2025-05-20T08:01:01","guid":{"rendered":"https:\/\/shakamomodu.com\/?p=7867"},"modified":"2025-05-20T08:01:01","modified_gmt":"2025-05-20T08:01:01","slug":"dangote-refinery-reaffirms-petrol-price-reduction-amid-global-oil-market-volatility","status":"publish","type":"post","link":"https:\/\/shakamomodu.com\/index.php\/2025\/05\/20\/dangote-refinery-reaffirms-petrol-price-reduction-amid-global-oil-market-volatility\/","title":{"rendered":"Dangote Refinery Reaffirms Petrol Price Reduction Amid Global Oil Market Volatility"},"content":{"rendered":"

Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to reducing the pump price of Premium Motor Spirit (PMS),<\/strong> commonly known as petrol, despite global crude oil price fluctuations.<\/p>\n

In an official statement issued Monday, Anthony Chiejina<\/strong>, Group Chief Branding and Communications Officer, emphasized that the Aliko Dangote-led refinery is prioritizing affordability and national economic stability.<\/p>\n

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\u201cOur goal is to consistently ease the burden on Nigerian consumers by maintaining stability and reducing petrol prices,\u201d Chiejina said.<\/p>\n<\/blockquote>\n

Support for Nigeria\u2019s Economy and Energy Security<\/strong><\/h3>\n

Dangote Refinery’s pricing strategy aligns with the Federal Government\u2019s \u201cNigeria First\u201d policy<\/strong>, which encourages local production and consumption of goods and services. The company noted that by refining products domestically at the world\u2019s largest single-train refinery<\/strong>, it contributes to:<\/p>\n

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    Energy security<\/strong><\/p>\n<\/li>\n

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    Foreign exchange conservation<\/strong><\/p>\n<\/li>\n

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    Long-term economic resilience<\/strong><\/p>\n<\/li>\n<\/ul>\n

    These efforts are in line with President Bola Tinubu\u2019s Renewed Hope Agenda<\/strong>, aimed at tackling economic challenges and improving quality of life across the country.<\/p>\n

    \n

    \u201cWe are proud to support Nigeria through domestic refining, and we appreciate President Tinubu\u2019s Naira-for-Crude Initiative,\u201d the statement read.<\/p>\n<\/blockquote>\n

    National Impact and Strategic Partnerships<\/strong><\/h3>\n

    The Naira-for-Crude initiative, a key driver behind Dangote\u2019s ability to offer fuel at reduced prices, has been commended for its role in making energy more affordable for Nigerians.<\/p>\n

    Dangote Petroleum Refinery assured stakeholders\u2014including government bodies, private sector partners, and end-users\u2014of its unwavering focus on operational excellence<\/strong>, affordability<\/strong>, and national development<\/strong>.<\/p>\n

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    \u201cWe will continue to prioritize affordability, quality, and national interest in every aspect of our operations,\u201d the company added.<\/p>\n<\/blockquote>\n

    With this announcement, Dangote Petroleum Refinery reiterates its role not just as a commercial entity, but as a strategic partner<\/strong> in Nigeria\u2019s long-term economic vision.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to reducing the pump price of Premium Motor Spirit (PMS), commonly known as petrol, despite global crude oil price fluctuations. In an official statement issued Monday, Anthony Chiejina, Group Chief Branding and Communications Officer, emphasized that the Aliko Dangote-led refinery is prioritizing affordability and national economic […]<\/p>\n","protected":false},"author":3,"featured_media":4633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"Dangote Refinery pledges continued petrol price reductions, reinforcing commitment to affordability and Nigeria\u2019s energy security goals.","_seopress_robots_index":"","footnotes":""},"categories":[37,35],"tags":[],"class_list":["post-7867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/7867"}],"collection":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/comments?post=7867"}],"version-history":[{"count":1,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/7867\/revisions"}],"predecessor-version":[{"id":7870,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/7867\/revisions\/7870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/media\/4633"}],"wp:attachment":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/media?parent=7867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/categories?post=7867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/tags?post=7867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}