Presidential Aide, Dare Says’ Dangote Massive Fuel Price Reduction Dividends Of Tinubu’s Reforms’

President Bola Ahmed Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare, has attributed the recent reduction in petrol prices by the Dangote Refinery to the oil sector reforms introduced by the current administration.

Dare made the assertion while insisting that President Tinubu’s reforms in the oil sector are already yielding benefits for Nigerians.

Recall that DAILY POST reported on Friday that Dangote Refinery recently slashed its gantry price of petrol massively by N129 to N699 per liter from N828.

Reacting to the development on X, Dare noted that the refinery had also introduced a 10-day credit facility for customers, supported by bank guarantees, with a minimum purchase requirement of 500,000 liters.

He argued that the current situation in the petroleum sector is a direct outcome of the administration’s policy decisions.

“The dividends of the oil sector reforms of the Tinubu administration are becoming evident.

“The removal of fuel subsidy unleashed market forces and encouraged competition. The government’s naira-for-crude policy,” Dare wrote.