Fuel price hike looms as Dangote Refinery suspends petrol sale in Naira

Nigerians may witness a sharp rise in fuel price as the Dangote Petroleum Refinery is set to put a hold on petrol sales in naira.

The development was communicated to customers in a notice made available to journalists on Saturday.

According to the notice signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, the decision would take effect from Sunday, September 28, 2025, citing the exhaustion of its crude-for-naira allocation as the reason.

Part of the notice 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.”