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Business & Economy
Business & Economy

JUST IN: Dangote Refinery suspends petrol sales in Naira

The FrontierThe FrontierSeptember 27, 2025 1751 Minutes read0

The Dangote Petroleum Refinery has suspended the sale of petrol in naira, a move that has unsettled fuel marketers and heightened concerns over possible pressure on pump prices and the foreign exchange market.

In an email sent to customers at 6:42 pm yesterday, the refinery announced that the suspension will take effect from tomorrow, Sunday, September 28, 2025.

The decision, it explained, was triggered by the depletion of its crude-for-naira allocation, reports The Nation.

The statement, by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals and titled “Suspension of DPRP PMS Naira Sales – Effective 28th September 2025”, advised customers with pending naira-based transactions to request refunds.

It reads in part: “We write to inform you that 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.”

This is not the first time the refinery has halted naira transactions.

In March 2025, it briefly suspended sales of refined products in the local currency, also citing inadequate crude-for-naira allocations.

That earlier decision triggered concerns about the dollarisation of fuel sales and pushed petrol pump prices to nearly ₦1,000 per litre.

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