- By Halimah Olamide
President Bola Ahmed Tinubu has commended the Dangote Oil and Gas Limited for slashing the price of diesel by 60%.
This was contained in a statement by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale, on Wednesday.
Recall that NPO made reports that the group announced the reduction of the price of diesel from N1200 to N1,000 per litre in a statement.
Accordingly, the group is also offering a discount of N30 per litre for an offtake of five million litres and above.
However, President Tinubu has affirmed that the price review which represents a 60 percent drop will impact the prices of goods and services.
The statement read in part,
“The President affirms that Nigerians and domestic businesses are the nation’s surest transport and security to that glorious destiny of economic prosperity, noting the federal government’s 20 percent stake in Dangote Refinery and why such partnerships between public and private entities are essential to advancing the overall well-being of the country.
The President therefore urged Nigerians and businesses to, at this time, put the nation in priority gear while assuring them of a conducive, safe, and secure environment to thrive.