The Dangote Petroleum Refinery has backtracked on its earlier decision to halt petrol sales in naira, confirming on Saturday that transactions in the local currency have resumed following federal intervention.
In a memo to fuel marketers, the refinery cited the role of the Naira-for-Crude Technical Committee in resolving the impasse.
“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 locations across the country. Thank you for your continued patronage,” the memo read.
The announcement came barely 24 hours after the company had informed customers of a suspension of naira transactions effective Sunday, September 28, 2025, due to the exhaustion of its crude-for-naira allocation.
In that notice, the refinery explained: “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.”
The suspension had unsettled fuel marketers, with concerns it could trigger price hikes and deepen foreign exchange pressure.
This is not the first time the refinery has faced such a situation.
In March, a similar pause in naira-based sales, also linked to crude allocation shortfalls, raised fears of fuel dollarisation and sent pump prices close to ₦1,000 per litre.
