Left, Alhaji Aliko Dangote, President of Dangote Group, right, President Bola Tinubu.
President Bola Tinubu lauded the enterprising feat of Dangote Oil and Gas Limited for reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel.
It would be recalled that Dangote 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 President in a statement issued on Wednesday by his Special Adviser on Media and Publicity, Ajuri Ngelale, notes that the price review represented a 60 per cent drop, which will, in no small measure, impact the prices of sundry goods and services.
Tinubu stressed that Nigerians and domestic businesses were the nation’s surest transport and security to that glorious destiny of economic prosperity.
He said that the federal government’s 20 per cent stake in Dangote Refinery, as well as other partnerships between public and private entities were essential to advancing the overall well-being of the country.
The President called 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.
… Diesel at N1000 per liter is still very high.