By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BrandiQBrandiQBrandiQ
  • Brand & Marketing
  • Industry News
  • Market Intelligence
  • Business & Economy
  • Technology & Digital
Reading: Petrol Gantry Price Remains ₦850 — Dangote Refinery
Share
0

No products in the cart.

Notification Show More
Font ResizerAa
BrandiQBrandiQ
0
Font ResizerAa
  • Brand & Marketing
  • Industry News
  • Market Intelligence
Have an existing account? Sign In
Follow US
© 2026 Brand IQ. All Rights Reserved.
Uncategorized

Petrol Gantry Price Remains ₦850 — Dangote Refinery

The Dangote Petroleum Refinery has said Premium Motor Spirit (PMS), also known as petrol, at its refinery remains ₦850 per litre, shutting down rumours of an increase in product prices.

BrandiQ Analyst
Last updated: August 9, 2025 10:31 am
BrandiQ Analyst
August 9, 2025
Share
3 Min Read
Petrol Gantry Price Remains ₦850 — Dangote Refinery
Petrol Gantry Price Remains ₦850 — Dangote Refinery
SHARE

The clarification came on the heels of recent reports alleging a shutdown of its operations.

In an official statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery’s management categorically denied claims that truck loading has been suspended or that production has been interrupted. “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.

- Advertisement -

Chijiena reassured the public and market stakeholders that its activities remain fully active and stable.

The refinery also clarified that the intermittent sale of Residual Catalytic Oil (RCO) is part of normal business operations, often involving large parcel sales, which explains the recent fuel oil tender.

According to the management, Dangote Petroleum Refinery consistently supplies over 40 million litres of PMS daily, alongside steady volumes of Automotive Gas Oil (diesel). These supplies continue unabated, despite speculation suggesting otherwise.

- Advertisement -

“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 potential supply shortages and price increases, the refinery challenged those sponsoring the rumour to place orders for daily deliveries of up to 40 million litres of PMS and 15 million litres of diesel for the next 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 sponsored by unscrupulous and unpatriotic individuals seeking to undermine the country’s energy independence for their own selfish interests, including the importation of substandard fuels under the false pretext of domestic supply shortages.

- Advertisement -

The 650,000-barrel-per-day Dangote Petroleum Refinery commenced diesel and aviation fuel production in January 2024.

In September 2024, the refinery announced it had begun the processing of petrol to end Nigeria’s reliance on imported refined petroleum products and boost the nation’s energy security.

You Might Also Like

Sowore to face criminal charges in court – Police
FATF delisting to boost foreign investments in Nigeria – Agama
Nigeria Climb to 38th in New FIFA Rankings
Optiva Capital Forecasts 2026 Trends
GNI Assures Retirees to Receive Extra Inflows After Approval
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Surprise0
Wink0
Previous Article I still believe Nigeria will be better – Dele-Cole
Next Article Sowore to face criminal charges in court – Police Sowore to face criminal charges in court – Police
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Africa Energy Forum 2026: Building Africa’s Industrialised Future
Business & Economy
Emma Ellis
Landor Appoints Emma Ellis to Lead London Growth Push
Industry News
Tiktok Logo
TikTok Unveils AI Advertising Push as Nigeria’s Digital Economy Expands
Technology & Digital
“Nigeria Cannot Borrow Its Way to Development” – Oyedele
Business & Economy
- Advertisement -

You Might Also Like

NAICOM, Ministry Partner to Ease Repatriation Costs

November 17, 2025

Sanwo-Olu, Others Hail Oshodi on ITTF Re-election

November 20, 2025

First Bank Survive Thriller to Keep WBLA Dreams Alive

December 10, 2025

IOC May Begin Trans Women Ban in 2026

November 11, 2025

Nigerian Sprinter Enaruna Joins Arizona State University

November 28, 2025
A photo of Lafarge Africa Plc plant. Credit: Lafarge

Lafarge Sees Q3 Profit Rise 144% To N75bn

October 23, 2025
Denzel Washington reveals he doesn’t watch movies anymore

Denzel Washington reveals he doesn’t watch movies anymore

August 28, 2025

Cricket: Nigeria Tighten West Africa Trophy Grip with Zambia Win

December 9, 2025
- Advertisement -
Facebook Twitter Youtube

Subscribe to BrandiQ Newsletter

Subscribe to our newsletter to get our latest articles instantly! Don't worry, we don't spam.
Brand IQ

BrandiQ is Africa’s leading digital platform for brand strategy, business innovation, marketing insights, and data-backed intelligence shaping African markets.

  • News
  • Business Insight
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

Copyright 2013 – 2026 BrandiQ. All Rights Reserved

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?