Dangote Petroleum Refinery Accuses Fuel Importers of False Reports Over Petrol Price Hike
Dangote Petroleum Refinery has accused fuel importers of false reports over the petrol price hike, insisting that they are spreading misleading information in a bid to justify recent increases in pump prices across Nigeria. The refinery said such actions are against the national interest and are placing unnecessary hardship on Nigerians.
It also dismissed claims that it is shutting down for maintenance, stressing that production remains stable and uninterrupted, with reports from the management. Dangote Refinery accuses fuel importers of these false reports over the petrol price hike at a time when it continues to operate at full capacity and supply the domestic market.
“Dangote Petroleum Refinery continues to operate at scale and retains the capacity to supply between 40 million and 50 million liters of Premium Motor Spirit (PMS) daily through January and February, subject solely to market demand,” it said in a statement.
The refinery revealed that on January 4, it produced 50 million litres of PMS and evacuated 48 million litres through its gantry. It added that current stock levels can cover over 20 days of national consumption, effectively easing concerns about supply shortages.
It explained that routine maintenance on specific units such as the Crude Distillation Unit and Residual Fluid Catalytic Cracking does not affect overall production. Other critical units, including the Naphtha Hydrotreater, CCR Reformer, and Hydrocracker, remain fully operational and continue producing PMS, diesel, and Jet A-1.
“Dangote Petroleum Refinery confirms that it has consistently maintained adequate PMS availability for the domestic market. From 16 December 2025 to date, the refinery has loaded between 31 million and 48 million litres of PMS daily from its gantry, in line with prevailing market demand. These volumes are fully verifiable against depot loading records maintained by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in the normal course of its regulatory responsibilities,” the statement said.
The company reaffirmed its ex-gantry price of N699 per litre for PMS, is still available to marketers and bulk consumers. Dangote petroleum Refinery is also encouraging Nigerians to support locally refined products that are affordable, reliable, and of high quality.
“By sourcing PMS locally at N699 per litre, marketers are better positioned to pass on price relief to consumers, enhance market stability, conserve foreign exchange, and support Nigeria’s broader economic recovery and energy security objectives,” the refinery said.
It warned that without domestic refining, petrol prices could rise to as much as N1400 per litre in a post-subsidy environment. The refinery added that its operations have played a stabilizing role in preventing excessive price increases.
Reiterating its commitment to Nigeria’s energy security and market stability, the refinery said it would continue supplying high-quality petroleum products. The public was advised to disregard misinformation and rely on verified sources.
“Dangote Petroleum Refinery will continue to act in the national interest by supplying high-quality, locally refined petroleum products while supporting Nigeria’s economic stability, energy independence, and industrial growth,” it added.
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