The Dangote Petroleum Refinery has announced that it will no longer sell petrol in Naira starting tomorrow, September 28, 2025, marking a major shift in its operations.
In a message circulated to its customers, the refinery revealed that it has completely exhausted its crude oil allocations priced in Naira, leaving no room to continue transactions in the local currency.
The Group Commercial Operations of the refinery, in a memo to marketers, stated clearly: “We cannot sustain PMS sales in Naira going forward.” This statement signals an immediate change in the way fuel buyers will transact with Africa’s largest refinery.
Customers who currently have ongoing transactions in Naira were advised to formally request refunds for any payments already made, as the refinery will not be able to process such purchases under the new arrangement.
The refinery further assured stakeholders that additional details will be released in due course, especially concerning how sales will be structured going forward and whether Naira payments may be reintroduced in the future.
This sudden announcement has raised concerns among fuel marketers and the general public, as the discontinuation of Naira sales could impact petrol pricing, supply chain stability, and consumer affordability.
Industry analysts note that the refinery’s decision could be linked to challenges in accessing crude oil under Naira terms, coupled with the broader foreign exchange crisis affecting Nigeria’s economy.
The development was made public by Imran Muhammad on his official verified X handle, has since gone viral and triggered wide conversations across social media, with many Nigerians worried about the ripple effects on daily living costs.
As the refinery halts Naira-based transactions, the spotlight now falls on the Federal Government, the Nigerian National Petroleum Company Limited (NNPCL), and regulators to address looming questions about fuel pricing, currency policy, and the refinery’s long-term operational framework.
