In a powerful move that could reshape Nigeria’s energy landscape, the Nigeria Export Processing Zones Authority (NEPZA), the One-Stop-Shop Committee on Crude Sale in Naira, and the Dangote Refinery have jointly pledged to fully implement President Tinubu’s directive to reduce domestic fuel prices. The decision, according to stakeholders, is a strategic step to stabilize the naira and ensure affordable energy for Nigerians.
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During a high-level meeting at NEPZA headquarters, the stakeholders aligned on key actions to support the new policy. NEPZA’s Managing Director, Dr. Olufemi Ogunyemi, praised the initiative as a “bold vision” to transform energy pricing, while Dangote Refinery’s representative reaffirmed the company’s readiness to drive industrial growth through this collaboration.
But how soon will Nigerians start seeing cheaper pump prices — and can this policy truly shield the naira from future shocks?.…..For More READ THE FULL ARTICLE HERE ▶▶
