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The Digest:

Nigerians face imminent increases in fuel costs as Dangote Petroleum Refinery announces the suspension of petrol sales in naira, effective September 28, 2025, citing the exhaustion of its crude-for-naira allocations. This decision threatens to disrupt market stability and reverse recent gains in fuel affordability, placing additional pressure on households and businesses already grappling with economic challenges.

Key Points:
  • Dangote Refinery suspends petrol sales in naira effective September 28, 2025
  • The company cites exceeding Naira crude allocations as the primary reason
  • The move is likely to trigger immediate fuel price increases across Nigeria
  • Refinery advises customers to request refunds for existing Naira transactions
  • Suspension is temporary pending the resolution of crude supply arrangements
  • The decision comes amid ongoing labor disputes with PENGASSAN
  • Refinery promises updates on resumption of naira-based sales
This development underscores the fragile nature of Nigeria's fuel supply chain and the critical interplay between crude oil allocations, currency management, and consumer energy costs.

Rooted in the Storm.

Sources: Daily Post Nigeria
Tags: Dangote Refinery, Fuel Price, Naira Suspension,