Dangote Refinery reaffirms market stability, assures nationwide petrol supply

Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to market stability and uninterrupted nationwide supply of premium motor spirit (PMS).
During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending.
This marked the second consecutive festive season in which the refinery absorbed significant costs in the national interest, including logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm.
Despite the price reduction, many filling stations failed to reflect the new price at the pump, thereby denying Nigerians the benefits of the reduction.
With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability. Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre.
The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, stated that the refinery continues to supply the domestic market with approximately 50 million litres of PMS daily, with nationwide evacuation and distribution operating normally.
He noted that the refinery’s design flexibility allows it to process a wide range of crude and intermediate feedstocks, enabling continued PMS supply during planned maintenance activities.
According to him, this capability ensures that domestic supply remains stable and uninterrupted.
As a domestic producer, Dangote Petroleum Refinery continues to shield the Nigerian market from import-related volatility and external supply disruptions, while remaining a stabilising force in the downstream petroleum sector.
Dangote Petroleum Refinery remains focused on delivering energy security, price stability and long-term value for Nigerians.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Sport
U20 World Cup Qualifier: Aduku confident as Falconets prepare for Senegal
Nigeria will host the first leg of the encounter at the Lekan Salami Stadium in Ibadan on February 7, while the return leg is scheduled for February 14 in Dakar, Senegal.

Health
Malnutrition in Alimosho: LG flags off community-based child nutrition intervention
Alimosho LGA in Lagos has flagged off a community-based nutrition programme to tackle malnutrition among children up to five years.

Economy
20,000 youths to receive entrepreneurship training: Cross River Govt
The Cross River Youth Empowerment Scheme says it is set to train no fewer than 20,000 youths in the state in diverse entrepreneurship schemes.

Abuja
Rights activist Okei-Odumakin’s sister dies at 51
The family of Joe Okei-Odumakin, a prominent human rights activist, has announced the demise of his younger sister, Francisca Mebu, nee Okei.

Economy
UAE, Nigeria waive off tariffs on products
The federal government signed a Comprehensive Economic Partnership Agreement with the United Arab Emirates to remove tariffs on some products.

Economy
Gov Bago signs deal with Islamic bank to execute Niger’s solar project
Governor Umaru Bago has reached an agreement to partner with the Islamic Development Bank to implement the Niger Solar Electrification Project.





