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    Dangote refinery denies shutdown rumour, says PMS price remains N850

    Vincent OsuwoBy Vincent OsuwoAugust 9, 2025No Comments2 Mins Read
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    SEC warns Investors, halts promotion of Dangote Refinery IPO
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    The Dangote Petroleum Refinery has sternly refuted recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders that its activities remain fully active and stable.

    Anthony Chiejina, Group Chief Branding and Communications Officer, issued an official statement in which the refinery’s management unequivocally denied that truck loading or output had been suspended.

    “The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor has there been any suspension of truck loading activities,” the statement reads.

    The refinery further highlighted that the intermittent sale of Residual Catalytic Oil (RCO) is standard business practice, typically including substantial parcel sales, which explains the current fuel oil tender.

    According to management, Dangote Petroleum Refinery consistently supplies more than 40 million litres of PMS per day, as well as consistent volumes of Automotive Gas Oil (diesel).

    • Dangote refinery hikes ex-depot petrol price to N850/litre

    These supplies remain unabated, despite conjecture to the contrary.

    “As the world’s largest single-train petroleum refinery, the facility employs advanced predictive and preventive maintenance protocols to ensure uninterrupted operations. Routine maintenance activities are standard and do not impact the overall fuel supply,” the statement further clarified.

    In response to speculation about probable supply constraints and price rises, the refinery challenged those spreading the story to put orders for daily supplies of up to 40 million litres of PMS and 15 million litres of diesel over the following 90 days.

    “To those who believe this misinformation and anticipate a bullish market, we extend a challenge: We invite interested buyers to place immediate orders for up to 40 million litres of PMS daily and 15 million litres of AGO daily for the next 90 days.

    The refinery reaffirmed its commitment to transparency and Nigeria’s energy security, urging the public to disregard unfounded rumours spread by unscrupulous and unpatriotic individuals seeking to undermine the country’s energy independence for personal gain, such as the importation of substandard fuels under the guise of domestic supply shortages.

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