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Home Economy And Business

BREAKING: Dangote Refinery Suspends Petrol Sale in Naira Amid PENGASSAN Controversy

Dangote Petroleum Refinery has announced the suspension of petrol sales in naira, a decision that could further complicate Nigeria’s fragile energy market.

by NewsOnline Nigeria
September 27, 2025
in Economy And Business, Headline
0
Dangote Refinery

Dangote Refinery

Dangote Refinery has suspended Petrol Sale in Naira amid PENGASSAN controversy.

 

NewsOnline Nigeria reports that the Dangote Petroleum Refinery has announced the suspension of petrol sales in naira, a decision that could further complicate Nigeria’s fragile energy market.

In a notice issued to customers and made available to journalists on Saturday, September 27, 2025, the refinery stated that the suspension would take effect from Sunday, September 28, 2025.

ALSO: Unity Bank Shareholders Approve Landmark Merger with Providus Bank

Signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, the statement attributed the move to the exhaustion of its crude-for-naira allocation.

The notice 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.”

The refinery further advised that customers who have already made naira payments for petrol supplies but are yet to receive delivery may apply for refunds.

The development comes amid ongoing tension with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), raising fresh concerns about supply disruptions, currency pressures, and the wider implications for Nigeria’s fuel pricing regime.

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