Dangote Refinery Denies Shutdown Rumours, Confirms Petrol Supply And ₦699/Litre Price
Dangote Refinery Denies Shutdown Rumours, Confirms Petrol Supply And ₦699/Litre Price
The Dangote Petroleum Refinery has refuted online reports suggesting that the facility is shutting down for maintenance, describing the claims as false, misleading, and deliberately designed to create panic in the downstream petroleum sector.
According to Ireporter Online, the refinery stated in a press release on Monday, January 5, that its operations remain stable, ongoing, and uninterrupted. It emphasized that production and supply of Premium Motor Spirit (PMS) to meet domestic demand continue without disruption.
The company noted that it is capable of supplying between 40 million and 50 million litres of PMS daily throughout January and February, depending entirely on market demand. On January 4 alone, the refinery produced 50 million litres of PMS and evacuated 48 million litres, with stock levels sufficient to cover over 20 days of national consumption.
Addressing maintenance concerns, Dangote Refinery clarified that routine servicing of certain units, including the Crude Distillation Unit and the Residual Fluid Catalytic Cracking unit, does not affect overall production due to the facility’s integrated and advanced design. Key units such as the Naphtha Hydrotreater, CCR Reformer, and Hydrocracker remain fully operational, producing PMS, Automotive Gas Oil (Diesel), and Jet A-1.
The refinery also reaffirmed its consistent supply of petrol to the domestic market, reporting that from December 16, 2025, to date, it has loaded between 31 million and 48 million litres of PMS daily, in line with prevailing market demand. These volumes, the company added, are fully verifiable against depot loading records maintained by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
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On pricing, Dangote Refinery confirmed that its ex-gantry price of ₦699 per litre for PMS remains unchanged and is available to all marketers and bulk buyers. The company urged filling stations, institutional buyers, and large-scale consumers to prioritise locally refined products, highlighting their affordability, reliability, and superior quality compared to imported alternatives.
The refinery accused fuel importers of spreading false narratives to justify recent petrol price hikes, warning that such misinformation undermines national interest and imposes unnecessary hardship on Nigerians. It added that, without domestic refining capacity, petrol prices could rise to as much as ₦1,400 per litre in a post-subsidy market.
Reaffirming its role in stabilizing Nigeria’s downstream petroleum sector, Dangote Refinery pledged to continue supplying high-quality petroleum products while ensuring steady availability nationwide. It urged the public and stakeholders to rely only on verified information.
“Dangote Petroleum Refinery remains committed to national energy security, economic stability, and industrial growth by supplying locally refined petroleum products of the highest quality,” the statement concluded.
