BUSINESS

DANGOTE REFINERY DENIES SHUTDOWN, CONFIRMS PETROL NOW N850/LITRE
Dangote Refinery: No Shutdown, Operations in Full Swing Despite Price Hike
The Dangote Petroleum Refinery has dismissed widespread rumours that it has halted operations, assuring Nigerians that its massive facility remains fully operational and continues to supply fuel daily.
In a weekend statement, the refinery’s spokesperson, Anthony Chijiena, clarified that the gantry price of Premium Motor Spirit (PMS) remains N850 per litre, confirming that there has been no disruption to truck loading or production activities.
“The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor has there been any suspension of truck loading activities,” the company said.
According to the statement, the refinery — which has a capacity of 650,000 barrels per day — is currently delivering over 40 million litres of petrol daily, along with steady supplies of Automotive Gas Oil (diesel).
Routine Maintenance, Not Shutdown
The refinery also addressed concerns over the sale of Residual Catalytic Oil (RCO), explaining that its occasional sales are standard industry practice, typically involving large parcel deals. The company further assured that its advanced predictive and preventive maintenance protocols ensure smooth operations without affecting fuel output.
“Routine maintenance activities are standard and do not impact the overall fuel supply,” the statement added.
In a bold rebuttal to shutdown speculation, the company even invited buyers to place immediate orders for up to 40 million litres of PMS and 15 million litres of diesel daily for the next 90 days.
Petrol Price Up
This clarification comes just after the Nigerian National Petroleum Company Limited (NNPCL) announced an increase in petrol prices, following an upward review of Dangote Refinery’s ex-depot price.
For now, Dangote Refinery says it is committed to keeping fuel flowing nationwide — even if prices have climbed.
"This represents a significant development in our ongoing coverage of current events."— Editorial Board