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NLC Hails Dangote Refinery For Fuel Price Cut

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Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report
Dangote Refinery
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The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.

 

Funmi Sessi, the NLC Chairman for Lagos Council, noted that the refinery’s operation has come at the right time, expressing optimism that the price cut would ease transportation costs, lower the prices of goods and services, and provide financial relief to citizens struggling with the high cost of living.

“This adjustment promises to offer much-needed relief for millions of Nigerians who have been grappling with high fuel prices and the rising cost of living,” Sessi said.

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She added, “With this, Dangote has introduced healthy competition in the sector, and we are already seeing a reduction in petroleum prices. Dangote has even started exporting petroleum to countries such as Ghana, Togo, and others. This will help stabilise our currency.”

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