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BREAKING: Fuel Scarcity Looms As Petrol Price Rise Above N900 Per Litre

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Nigerians, particularly those who rely on vehicles, are likely to face fuel shortages in the upcoming days, which could have significant repercussions for the nation’s economy.. . Continue..Reading. .

This decision comes on the heels of a controversial move by the Dangote Petroleum Refinery, which allegedly dismissed approximately 800 workers last Thursday.

In a memo addressed to branch chairmen in TotalEnergies, Renaissance, Chevron, Shell Nigeria Gas, Oando, and Seplat Producing Nigeria Unlimited, PENGASSAN General Secretary, Comrade Lumumba Okugbawa, ordered the immediate shutdown of valves and the suspension of all crude loading operations to the facility.

The union condemned the refinery’s decision, stressing that it remains committed to protecting the interests of its members, who have the right to unionise.

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“We bring you fraternal greetings from the National Secretariat. As you are aware, the management of Dangote Petroleum Refinery has disengaged our members in reaction to their exercise of the constitutional right to unionise.

“They have further embarked on a campaign of misinformation and propaganda to justify this illegitimacy, rather than engaging meaningfully with us to right the wrong,” Okugbawa stated in a letter seen by Tribune Online.

Meanwhile, the Dangote Petroleum Refinery has announced the suspension of petrol sales in naira — a decision that has unsettled marketers and renewed fears of pressure on fuel pricing and foreign exchange.

A statement signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, titled “Suspension of DPRP PMS Naira Sales: Effective 28th September 2025”, attributed the move to the depletion of its crude-for-naira allocation.

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“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 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.”

It remains to be seen what lies ahead if the conflict between marketers and the Dangote Refinery is not resolved amicably and in due time.

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Fuel scarcity is becoming a pressing concern as the price of petrol surges to N980 per litre. This significant increase in fuel costs not only places a heavy burden on consumers but also raises alarms about potential shortages at petrol stations.

As transportation and logistics are heavily reliant on affordable fuel, the rising prices could lead to wider economic implications, affecting everything from commodity prices to daily commuting costs. With many feeling the pinch in their wallets, urgent discussions and measures may be required to address the looming crisis in fuel availability.If You’re Reading From Phoenix Click On Read Original  at the top To Read Full Article

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