The Dangote Petroleum Refinery has suspended petrol sales in naira, a decision that has unsettled marketers and raised fresh worries about fuel pricing and pressure on foreign exchange.
In an email sent to customers at 6:42 pm on Friday, the refinery announced that the suspension would take effect from Sunday, September 28, 2025. The notice, signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, was titled *“Suspension of DPRP PMS Naira Sales – Effective 28th September 2025.”*
According to the statement, “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 announcement comes amid an ongoing labour dispute at the refinery, where over 800 Nigerian workers were reportedly dismissed, sparking outrage and calls for government intervention. Labour unions under the Petroleum and Natural Gas Senior Staff Association of Nigeria have accused the company of “anti-labour practices” and warned that they would resist what they called “an unjust and insensitive corporate decision”.
This is not the first time Dangote has halted naira-based transactions. In March 2025, the refinery temporarily suspended sales of refined products in local currency, citing inadequate crude-for-naira allocations. That move fuelled fears of dollarisation in Nigeria’s fuel market and pushed pump prices close to ₦1,000 per litre.
Energy analysts have cautioned that the latest suspension could drive up fuel costs again. Jeremiah Olatide, CEO of Petroleumprice.ng, noted: “Petrol prices could soar above ₦900 per litre if sales shift predominantly to dollars. Dangote Refinery has been instrumental in keeping pump prices lower in recent months.”
With both the suspension of naira sales and escalating labour unrest, stakeholders warn that the refinery’s crisis could undermine government efforts to stabilise Nigeria’s fuel market under ongoing reform programmes.
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