Dangote Stops Selling Naira-Priced Petrol – What It Means For Nigerians

The Dangote Petroleum Refinery has suspended the sale of petrol in naira, alarming oil marketers and sparking renewed concerns over fuel pricing and foreign exchange pressures.

The refinery communicated the decision to customers via email at 6:42 pm on Friday, stating that the suspension would take effect from Sunday, September 28, 2025, due to the depletion of its crude-for-naira allocation.

The notice, titled “Suspension of DPRP PMS Naira Sales – Effective 28th September 2025”, was issued by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals. It instructed customers with ongoing naira-based transactions to formally request refunds.

“We write to inform you that Dangote Petroleum Refinery & Petrochemicals has been selling petroleum products beyond our Naira-Crude allocations and, as a result, cannot continue PMS sales in Naira,” the statement read.

“Please note that this suspension of Naira sales for PMS will take effect from Sunday, 28th September 2025. Updates regarding the resumption of supply will be provided once the situation is resolved. Customers with ongoing Naira transactions who wish to request a refund should do so formally.”

The refinery is currently facing controversy following the dismissal of over 800 Nigerian workers, a move that has drawn strong opposition from labor unions. Union leaders have condemned the action as “unjust and insensitive” and have threatened nationwide solidarity strikes if the issue is not addressed.