• About
  • Advertise
  • Contact
Wednesday, May 13, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Oil & Gas

NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery

Vital News by Vital News
August 13, 2025
in Oil & Gas
0
NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery
Share on FacebookShare on Twitter

The Nigerian Labour Congress (NLC) has described the Dangote Petroleum Refinery as a transformative national asset that should be embraced by all well-meaning Nigerians.

The organised labour further said the refinery represents a vital step in bridging Nigeria’s fuel supply gap, boosting employment, and restoring public confidence in the country’s industrial capacity.

Speaking after a guided tour of the refinery and Dangote Fertiliser Limited, the Chairman of the Nigeria Labour Congress, Lagos State Council, Comrade Funmi Sessi, who led the Executive members of the Council praised the massive scale and strategic significance of the Dangote Group’s investments.

He stated that the projects are delivering tangible benefits to the Nigerian people.

Sessi said : “Today, we have seen the massive Dangote Refinery project, as well as the fertiliser plant.

RelatedStories

Dangote Refinery Denies Increasing Gantry Price From N1,275 To N1,350

No Rift With Elumelu On Refinery Financing – Dangote Group

Dangote Refinery Recalls Redeployed Engineers, Reiterates Zero-tolerance For Actions capable Of Undermining Operations

President Tinubu Sacks NMDPRA Chief Executive, Saidu Mohammed, Appoints Replacement

“We have also observed some of Dangote’s other investments in this axis.

“It is truly enormous and highly impressive,” said the NLC chairperson.

“I believe what we have seen is a clear effort to bridge the gap in the availability of essential products in the country and to create job opportunities for Nigerians and others as well as industrialise the country.”

The union acknowledged that following the Federal Government’s removal of petrol subsidies, Nigerians experienced an unprecedented surge in the cost of Premium Motor Spirit (PMS).

However, the entrance, of Dangote Petroleum Refinery into the market helped to stabilise prices.

“It wasn’t until Dangote came into the picture that we started seeing some relief.

“His intervention significantly crashed the escalated prices of PMS and other refined products.

“That’s a clear demonstration of private sector leadership,” she stated.

The NLC made a direct appeal to the FG to prioritise the sale of crude oil to the Dangote Refinery in naira.

The union argued that forcing the company to import crude or purchase locally in dollars undermines the promise of lower fuel prices for ordinary Nigerians.

“This country has crude oil in abundance. So why is Dangote still being made to import crude or pay for it in hard currency?” the NLC queried.

“If the government is truly committed to reducing fuel prices and supporting local refining, it must sell enough crude oil to Dangote in naira,” the union said

The union stressed that sourcing crude locally in local currency would significantly lower operational costs and, by extension, lead to a more sustainable reduction in fuel prices.

“With a daily capacity of 650,000 barrels, this refinery can serve Nigeria and even the West African sub-region.

“We also seen big ships taking fertilisers to other countries.

“The government must maximise”

The NLC lauded Alhaji Aliko Dangote for achieving a fully functional, world-class refinery capable of meeting both domestic and regional demands for refined petroleum products.

“When government-owned refineries failed, one man stepped up.

“Aliko Dangote didn’t just make promises; he fulfilled them.

“He has proven that Nigeria can not only refine its own products but also meet international quality standards,” she added.

The union also hailed the refinery’s production of Euro 5-compliant fuel, which features significantly reduced sulphur content, aligning with international environmental standards and boosting Nigeria’s credibility in the global petroleum market.

“This is the kind of pride we want to see — a Nigerian company producing at global standards.

“It is changing the narrative and elevating Nigeria’s position globally. It’s time the government supports and maximises the capacity of this asset”

In addition to fuel, the NLC noted the group’s fertiliser company, which is already exporting to international markets.

It urged the government to leverage these capabilities to enhance food security and reduce dependence on imported agricultural inputs.

Vice President, Oil and Gas, Dangote Industries Limited, Mr Devakumar Edwin, said the planned deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks to support the distribution of refined petroleum products across Nigeria is aimed at ensuring that the benefits of domestic refining and the resulting reduction in fuel prices are fully passed on to Nigerian consumers.

Mr Edwin stated that the introduction of the CNG-powered fleet is a strategic step to reduce logistics costs in fuel distribution — a major factor in the final pump price.

“The deployment of these 4,000 CNG-powered trucks will help us pass down the benefits of domestic refining and the reduction in product prices to consumers.

“The aim is to support logistics and make distribution more efficient, not to displace any existing players in the sector.”

He further explained that the use of CNG-powered trucks, in addition to being more environmentally friendly, will significantly reduce transportation expenses, ultimately making refined products more affordable for Nigerians.

Edwin also highlighted the wider impact of Dangote’s industrial ventures, particularly in stimulating competition and growth in key sectors of the Nigerian economy.

He cited the Dangote Sugar Refinery as an example, noting that its success paved the way for other companies, including BUA Group and Nigerian Flour Mills to invest in sugar production.

“We’ve seen it with sugar, and we’ve seen it with cement.

“The success of Dangote Cement led to the emergence of players like BUA, Mangal, and the expansion of Lafarge,” he said.

“In the same way, the success of this refinery will drive the emergence of more private refineries in Nigeria.”

According to him, the Dangote Refinery is not only helping to address Nigeria’s long-standing reliance on imported refined products but is also setting the pace for a sustainable and competitive refining industry that will benefit the broader economy.

He noted that the Dangote Group has become a nurturing ground for Nigerian engineers, scientists and technicians, many of whom have gone on to work as expatriates in various countries.

He assured the labour leaders of the company’s steadfast commitment to human capital development, staff welfare, and the overall wellbeing of the economy, emphasising that Aliko Dangote is a patriotic Nigerian fully dedicated to the nation’s progress. (vitalnewsngr.com)

Tags: CrudeDangoteNLCPMSPrices
Previous Post

Kwara Pushes For A Stronger Collaboration To End SGBV, FGM

Next Post

Gov. Ododo Flags Off Construction of 12.5Km Unosi-Odonto-Ogigiri Road In Ajaokuta

Vital News

Vital News

RelatedStories

After Fuel Price Increase,  Dangote Refinery Reaffirms Market Stability, Assures Adequate Nationwide PMS Supply
Oil & Gas

Dangote Refinery Denies Increasing Gantry Price From N1,275 To N1,350

May 6, 2026
After Fuel Price Increase,  Dangote Refinery Reaffirms Market Stability, Assures Adequate Nationwide PMS Supply
Oil & Gas

No Rift With Elumelu On Refinery Financing – Dangote Group

May 3, 2026
Dangote Denies Ownership Of Truck Involved In Enugu Accident
Labour

Dangote Refinery Recalls Redeployed Engineers, Reiterates Zero-tolerance For Actions capable Of Undermining Operations

April 30, 2026
President Tinubu Sacks NMDPRA Chief Executive, Saidu Mohammed, Appoints Replacement
National

President Tinubu Sacks NMDPRA Chief Executive, Saidu Mohammed, Appoints Replacement

April 29, 2026
Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote
Labour

Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

April 27, 2026
Next Post
Gov. Ododo Flags Off Construction of 12.5Km Unosi-Odonto-Ogigiri Road In Ajaokuta

Gov. Ododo Flags Off Construction of 12.5Km Unosi-Odonto-Ogigiri Road In Ajaokuta

Izon Cultural Centre Reaffirms Support For Dr Dennis Otuaro,  Condemns Mese’s Comments On PAP

Izon Cultural Centre Reaffirms Support For Dr Dennis Otuaro, Condemns Mese’s Comments On PAP

President Tinubu Departs Abuja For Japan, Brazil

President Tinubu Departs Abuja For Japan, Brazil

Leave a Reply Cancel reply

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

Follow Us

Recommended

2023 Elections : Buhari Directs Immigration To Tighten Border Security

FG Directs Immigration To Commence Implementation Of Five Year Visa Policy Between US, Nigeria

3 years ago
Russia Attaches Importance To Strengthening Relations With Friendly African Countries  – President Putin

Russia Attaches Importance To Strengthening Relations With Friendly African Countries – President Putin

2 years ago
Insecurity : NAF To Acquire Additional 51 Helicopters, Aircraft, Others

Insecurity : NAF To Acquire Additional 51 Helicopters, Aircraft, Others

3 years ago
Military Hands Over 8 Rescued CUSTECH Students To Gov. Ododo

Military Hands Over 8 Rescued CUSTECH Students To Gov. Ododo

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

Vandals Attack Ogbomoso Power Station, Cart Away Equipment Worth Billions Of Naira

2027 : APC Formally Presents Dapo Abiodun As Consensus Candidate For Ogun East Senatorial District

Ododo Urges Corps Members To Uphold Discipline, Unity, Releases ₦18mln Transport Support

Prosecution In High Profile Murder Cases : Public Analyst Backs Falana

Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows

NDLEA Uncovers N5.8billion Illicit Drugs Stashed In Lekki – Lagos Mansion

Trending

NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries
National

NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries

by Vital News
May 12, 2026
0

The National Identity Management Commission (NIMC) has launched new WhatsApp and live chat support channels to improve...

ActionAid Calls For Transparency In Nigeria’s Revenue Management

ActionAid Calls For Impeachment of Governors Found Culpable Of Funding Politics With State Funds

May 12, 2026
Execution Discipline Will Define Tegbe’s Agenda For Nigeria’s Power Sector – Adeola Labzy

Execution Discipline Will Define Tegbe’s Agenda For Nigeria’s Power Sector – Adeola Labzy

May 12, 2026
Vandals Attack Ogbomoso Power Station, Cart Away Equipment Worth Billions Of Naira

Vandals Attack Ogbomoso Power Station, Cart Away Equipment Worth Billions Of Naira

May 12, 2026
2027 : APC Formally Presents Dapo Abiodun As Consensus Candidate For Ogun East Senatorial District

2027 : APC Formally Presents Dapo Abiodun As Consensus Candidate For Ogun East Senatorial District

May 12, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • NIMC Unveils WhatsApp, Live Chat Platforms To Improve Customer Service, Ease NIN Enquiries May 12, 2026
  • ActionAid Calls For Impeachment of Governors Found Culpable Of Funding Politics With State Funds May 12, 2026
  • Execution Discipline Will Define Tegbe’s Agenda For Nigeria’s Power Sector – Adeola Labzy May 12, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In