*** Reaffirms N699 Gantry Price as Marketers Lift over 48 million Litres on Sunday
*** Blast Fuel Importers for Spreading Falsehood and exploiting Nigerians
Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down maintenance, describing the story as false and misleading
In a statement released on Monday, the refinery emphasized that production remains ongoing, stable, and uninterrupted.
“Dangote Petroleum Refinery continued to operate at scale and retains the capacity to supply between 40 million and 50 million litres of Premium Motor Spirit ( PMS ) daily through January and February, subject solely to market demand,” the statement said: it added that on January 4, the refinery produced 50 million litres of PMS and evacuated 48 million via it’s gantry.
“Current stock levels cover 20 days of national consumption, effectively dispelling any concerns about supply. The refinery clarified that routine maintenance on specific units, including the Crude Distillation Unit ( CDU) and Residual Fluid Catalytic Cracking (R F C C ), does not interrupt over all production, owing to integrated design of it’s processing units.
Other critical units, such as the Naphtha Hydro treater, CCR Reformer, and Hydro cracker, remain fully operational producing PMS, Diesel ( Automotive Gas Oil), and Jet A – 1
“Dangote Petroleum Refinery confirms that it has consistently maintained adequate PMS availability for domestic market. From 16 December 2025 to date, the refinery has loaded between 31 million and 48 million litres of PMS daily from its gantry.
In line with prevailing market demand. These volumes are fully verifiable against depot loading records maintained by NMDPRA in the normal course of its regulatory responsibilities,” the statement said.
The refinery also reaffirmed its ex – gantry price of N699 per litre for PMS, available to all marketers and bulk consumers. It encouraged filling stations, large – scale users, and institutional buyers to patronize locally refined products, which are more affordable, reliable, and high quality, rather than relying on imported alternative.
“By sourcing PMS locally at N699 per litre, marketers are better positioned to pass on price relief to consumers, enhance market stability, conserve foreign exchange, and support Nigeria’s broader economic recovery and energy security objective,” the refinery said.
Dangote Petroleum Refinery accused fuel importer of promoting false reports to justify recent, unwarranted increasing in petrol pump prices, noting that such actions run counter to national interest and impose unnecessary hardship on Nigerians. According to the refinery, without domestic refining, petrol prices could rise to as much as N1,400 per litre in a post – subsidy environment, highlighting the stabilizing role of production.
“Recent price movements further highlight an uncomfortable reality. In the absence of the Dang ote Petroleum Refinery, fuel importer would continue to operate without restraint with petrol prices potentially escalating to levels estimated at up to N1, 400 per litre in a post – subsidy environment. The refinery operations have therefore served as a critical stabilizing force in the downstream petroleum market,” the statement added.
Reiterating its commitment to energy security and market stability, the refinery said it would continue supplying high – quality petroleum products, maintaining steady, availability, and supporting Nigeria’s broader economic growth stakeholders and the public were advised to disregard misinformation and rely on verified sources.
“Dangote Petroleum Refinery will continue to act on the national interest by supporting high – quality, locally refined petroleum products while supporting Nigeria’s economic stability, energy independence, and industrial growth,” it concluded.
