Tinubu Hails Dangote Group For Reducing Gantry Price Of Diesel

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.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

6 + 4 =
Powered by MathCaptcha

You May Also Like

This Is Why Fidelity Bank Will Continue To Be Investors’ Toast

in the full year 2022 results, Fidelity Bank’s gross earnings increased to N337,050 billion

Nigeria Customs Officially Begins Operations On B’Odogwu Platform

the platform was developed to meet the demands of modern international trade

VC Tells How ASR Africa’s Donation Of N250m Sports Complex To UniJos Will Uplift Nigeria’s Sport

with an estimated eighty universities preparing for the exercise – is expected to attract no fewer than nine thousand athletes

Fidelity Listed Among Nigeria’s Most Capitalized Banks In Q3 2023

the bank reported a capital base of N410.75 billion as of September