The Dangote Petroleum Refinery has suspended the sale of petrol in naira.
In an email sent to its customers on Friday, the refinery announced that the decision would take effect on September 28, attributing it to the depletion of its crude-for-naira allocation.
The notice, signed by the group commercial operations of the refinery, was titled “Suspension of DPRP PMS Naira Sales – Effective 28th September 2025”.
“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,” the email reads.
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“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.”
The refinery said all customers with transactions in naira who would like a refund of their current payments should formally request the processing of their refund.
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Nigeria commenced the sale of crude oil and refined petroleum products in naira to local refineries on October 1, 2024, to improve supply, save the country millions of dollars in petroleum products imports, and ultimately reduce pump prices.
On March 10, 2025, TheCable reported that the NNPC had halted the naira-for-crude deal until 2030, as the government-owned company had forward-sold all its crude oil.
Days later, the Dangote refinery said it had temporarily halted the sale of petroleum products in naira.
However, on April 9, the federal government said the naira-for-crude oil deal will continue after the first phase, which ended on March 31
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On May 9, Wale Edun, the minister of finance and coordinating minister of the economy, promised to provide further updates on the naira-for-crude deal in due course.
