The Dangote Petroleum Refinery and Petrochemicals said it has resumed the sale of premium motor spirit (PMS), otherwise known as petrol in naira to oil marketers.
The resumption takes immediate effect, the company announced in a statement on Saturday, September 27.
“Dear valued customer, following the intervention of the Naira for Crude Technical Committee chairman, we are pleased to inform you of the resumption of PMS sales in Naira commencing immediately.
“You may kindly proceed to place your orders in Naira for both self-collection and free delivery of PMS to the earlier advised location(s) across the country,” Dangote Refinery stated.
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Pinnacle Daily reports that the Dangote Refinery had in an email sent to its customers late evening on Friday, September 26, announced the suspension of PMS sale in naira to marketers expected to have commenced from Sunday, September 28.
The oil giant had cited the exhaustion of its naira-denominated crude allocation as the reason.
The notice, signed by the Group Commercial Operations of Dangote Petroleum Refinery and Petrochemicals, was titled ‘Suspension of DPRP PMS Naira Sales – Effective 28th September 2025’.
READ ALSO: Dangote Refinery Fuel Sales in Naira Suspension Sparks Fear of Price Hike
The company had even asked 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 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,” it read.
The decision to cancel the plan came at a time when the refinery is embroiled in a bitter dispute with labour unions over the alleged mass sack of more than 800 Nigerian workers, a development that has triggered outrage and is calling for government intervention.
This is not the first time the Dangote Refinery has suspended local currency transactions.
In March 2025, it had briefly halted sales of refined products in naira when it insisted that its allocations under the crude-for-naira programme were inadequate to meet growing domestic demand.
At the time, the decision sparked concerns over the dollarisation of fuel sales in Nigeria, escalating the pump price of fuel to almost N1,000 per litre.
Alex is a business journalist cum data enthusiast with the Pinnacle Daily. He can be reached via ealex@thepinnacleng.com, @ehime_alex on X
