The Presidency has clarified that President Bola Tinubu will not intervene in the ongoing fuel price conflict between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL). Special Adviser on Information and Strategy, Bayo Onanuga, stated that both companies operate independently within a deregulated market.
Onanuga emphasized that the government supports competition and alternative energy solutions, such as Compressed Natural Gas (CNG), which could provide cheaper options for consumers. Tinubu’s administration aims to promote CNG, with plans to subsidize vehicle conversions and reduce transportation costs across the country.
