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Oil & Gas

NUJ Commends Dangote For Crashing Petrol Price

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The Nigeria Union of Journalists (NUJ), Lagos State Council has commended Dangote Refinery for its consistency in the price reduction of Premium Motor Spirit (PMS) otherwise known as petrol.

Reacting to the latest reduction in the ex-gantry loading cost of PMS from ₦880 per litre to ₦865, the Chairman, Nigeria Union of Journalists, Lagos State Council, Mr Adeleye Ajayi, said Dangote Refinery had projected itself as a huge partner in progress to all Nigerians.

The gesture, the Council Chairman said had endeared the business mogul to Nigeria as a saviour of the masses in the face of the present hardship.

Recalled that Dangote Refinery had announced a reduction of its ex-depot price per liter by N15 ostensibly following reduction in the price of crude oil in the international market

“I want to emphatically say that the Dangote Refinery is indeed a blessing to all Nigerians. The roll out of petroleum products from Dangote Refinery has indeed changed the game and the fuel market is now liberalized.

Urging other industrialists to take a cue from Dangote’s good heart of empathy with Nigerians in the face of present economic hardship, the NUJ boss added; “In the last few months, we are all aware that Dangote Refinery has crashed the price of PMS at different interval and we are very optimistic that such gesture will be extended to other sectors by other industrialists.

“We need more Dangotes in this country so that Nigeria can be great again. Imagine if we have three or four Dangote in other sectors of Nigeria’s economy, Nigeria’s economic progress would have been fastracked.” Ajayi said.

Ajayi also lauded the move by the Federal Executive Council (FEC) which gave an express approval for the full implementation of the suspended Naira-for-Crude agreement with local refiners on Wednesday.

The chairman stated that the move would boost the confidence of the citizenry, as the output was expected to improve the living conditions of Nigerians.

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