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  • Tinubu urges Nigeria traders and businessmen to show patriotism as Dangote crashes price of diesel 
  • Oil and Gas

Tinubu urges Nigeria traders and businessmen to show patriotism as Dangote crashes price of diesel 

Spynewsmedia April 18, 2024

Crude tank

 

By Jon Egie

President Bola Tinubu has called on Nigeria traders and businessmen to consider  the prosperity and welfare of Nigeria above their corporate and business interest while assuring them of a conducive, safe and secure environment to thrive.

President Tinubu gave the advise in reaction  to the crashing of the price of diesel  by Dangote, an act he judged was patriotic for the stable socioeconomic interest of the nation and for which the investor earned the President’s commendation.

This was contained in a release issued by the Special Adviser to the President  on media and publicity, Chief Ajuri Ngelale.

” President Bola Tinubu commends the enterprising feat of Dangote Oil and Gas Limited in reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel.

” The Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a minimum of one million litres of the product, as well as providing a discount of N30 per litre for an offtake of five million litres and above.

” The price review represents a 60 percent drop, which will, in no small measure, impact the prices of sundry goods and services.

Read Also  Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea Sign MoUs on Nigeria-Morocco Gas Pipeline

” 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 calls on 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.” The statement said.

 

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Tags: #Businessmen #Diesel #Traders

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