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Fuel price hike looms as Dangote Refinery suspends petrol sale in Naira

Dangote refinery suspends Petrol sale in Naira

 

Nigerians may face a sharp increase in fuel prices as Dangote Petroleum Refinery announces a temporary halt on petrol sales in naira

The development was disclosed in a notice made available to journalists on Saturday. According to the notice, signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, the suspension will take effect from Sunday, September 28, 2025, due to the exhaustion of its crude-for-naira allocation.

No plan to shut petrol unit - Dangote refinery

The notice stated, “Dangote Petroleum Refinery & Petrochemicals has been selling petroleum products in excess of our Naira-Crude allocations and, consequently, we are unable to sustain PMS sales in Naira going forward.

“Kindly note that this suspension of Naira sales for PMS will be effective from Sunday, 28th of September, 2025. We will provide further updates regarding the resumption of supply once the situation has been resolved.

“All customers with PMS transactions in Naira who would like a refund of their current payments should formally request the processing of their refund.”

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