President Bola Ahmed Tinubu has commended the Dangote Group for its significant contribution to Nigeria’s economic growth, citing the conglomerate’s strategic investments in key sectors as instrumental in boosting domestic production, creating jobs, reducing dependence on imports, conserving foreign exchange and strengthening the country’s industrial capacity.
The Dangote Petroleum Refinery supplied almost 36 million litres of petrol daily to the Nigerian market in August, accounting for about 71 per cent of the country’s total Premium Motor Spirit receipts, latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority have shown.
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The Independent Petroleum Marketers Association of Nigeria has announced plans to review petrol pump prices at filling stations across the Federal Capital Territory as new supplies of Premium Motor Spirit are expected to enter the market in the coming days.
Motorists in Abuja are facing another increase in the price of Premium Motor Spirit, popularly known as petrol, with some filling stations in the Federal Capital Territory now selling the product for as much as ₦1,350 per litre