The Dangote Petroleum Refinery has announced the resumption of petrol sales in naira, just a day after suspending the policy.. . Continue..Reading. .
In a memo sent to marketers on Saturday, the refinery said the decision followed the intervention of the Federal Government’s naira-for-crude technical committee.
“Following the intervention of the Naira for Crude Technical Committee Chairman, we are pleased to inform you of the resumption of PMS sales in Naira commencing immediately.
“You may kindly proceed to place your orders in naira for both self-collection and free delivery of PMS to the earlier advised locations across the country. Thank you for your continued patronage,” the memo read.
The reversal comes less than 24 hours after the refinery, in an earlier memo on Friday, announced the suspension of naira transactions due to the exhaustion of its crude-for-naira allocation.
“We write to inform you that Dangote Petroleum Refinery & Petrochemicals has been selling petroleum products in excess of our naira-crude allocations, and, consequently, we are unable to sustain PMS sales in naira going forward.
“Kindly note that this suspension of Naira sales for PMS will be effective from Sunday, 28th of September, 2025. We will provide further updates regarding the resumption of supply once the situation has been resolved.
“All customers with PMS transactions in Naira who would like a refund of their current payments should formally request the processing of their refund,” the refinery stated at the time.If You’re Reading From Phoenix Click On Read Original at the top To Read Full Article
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