Dangote Refinery Suspends Sales Of Petrol In Naira

The Dangote Petroleum Refinery has suspended petrol sales in naira due to exhaustion of its crude-for-naira allocation.

The suspension, effective September 28, 2025, affects naira-based transactions, and customers are advised to request refunds – the company noted in an email notice sent to its customers on Friday evening.

This move has raised concerns about fuel pricing and foreign exchange pressure.

The refinery cited inadequate crude allocation under the crude-for-naira programme as the reason for the suspension, PUNCH reports.

“We are unable to sustain PMS sales in Naira going forward,” the company stated in the notice, signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals.

The notice titled “Suspension of DPRP PMS Naira Sales – Effective 28th September 2025,” partly read: “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 development coincides with a dispute between the refinery and labour unions over alleged mass sack of over 800 Nigerian workers.

While the unions have threatened nationwide solidarity actions if the matter is not addressed, the Dangote Petroleum Refinery has provided clarifications, adding that it was reorganise its workforce.

The suspension may impact petrol prices, with potential price increases above N900 per litre if transactions shift to dollars.

It would be recalled that this is not the first time Dangote Refinery has suspended local currency transactions, having done so in March 2025 due to similar allocation issues.