Dangote Refinery Maintains N850 Petrol Price, Denies Shutdown Rumours
The Dangote Petroleum Refinery has refuted recent speculation suggesting a halt in its operations, confirming that production and truck loading remain fully active.
In a statement issued by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery assured the public and market stakeholders of its operational stability. “The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor any suspension of truck loading activities,” the statement read.
Business as Usual
The management explained that the intermittent sale of Residual Catalytic Oil (RCO) is part of standard operations, often involving bulk transactions that can trigger market speculation. This includes the recent fuel oil tender, which they described as routine.
The refinery continues to deliver over 40 million litres of Premium Motor Spirit (PMS) daily, alongside consistent Automotive Gas Oil (AGO) supplies. “These deliveries remain steady despite unfounded market rumours,” the statement added.
Commitment to Uninterrupted Supply
As the world’s largest single-train petroleum refinery, the facility employs advanced predictive and preventive maintenance systems to ensure continuous operations. Management stressed that routine maintenance activities do not disrupt fuel supply.
Addressing Market Speculation
Challenging those predicting shortages and price hikes, the refinery invited buyers to place firm orders for up to 40 million litres of PMS and 15 million litres of AGO daily over the next 90 days. This, they said, would prove the baselessness of the shutdown claims.
Reaffirming Energy Security Goals
The refinery reiterated its dedication to transparency and national energy stability, urging Nigerians to disregard misinformation aimed at undermining the country’s fuel independence. Management warned that such rumours are often driven by individuals with vested interests in importing substandard fuels under the guise of domestic supply gaps.