CDNI Lauds President Tinubu administration as Dangote refinery begins production

Leading Ambassador’s group to promotes peace, good governance and development in Nigeria, Calm Down Nigeria Initiative (CDNI). Lead by Amb.Frank Albert Jnr Okolie, has lauded President Bola Tinubu for his support to ensure the Dangote refinary dream became a reality in Nigeria.

The Dangote refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 in Lekki, Nigeria.

The African richest man, Aliko Dangote released official samples of petrol from his refinery yesterday, said the local sale of the fuel will help stablise the naira by helping to correct distortions in the value of the local currency compared with the dollar.

However, In line with the President Bola Tinubu earlier directives to sell crude to the Dangote refinery and other upcoming refineries in naira is to force the prices of petroleum products to crash, and ensure the stability of the pump price of refined fuel which will significantly ease the price of commodity and food prices in the country.

“I congratulate the government of President Bola Ahmed Tinubu, Dangote group and the people of Nigeria for this historic, monumental achievement – This will give a lot of stability for the Naira, and hopefully it should reduces the rising food prices in the country,” said Okolie.

It is good news, this means Tinubu promises to reboot economy is coming to past, he concluded.

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