The Dangote Petroleum Refinery has dismissed reports claiming it suspended petrol gantry sales to marketers and other offtakers, describing the reports as inaccurate.
Speaking to BrandIconImage on Thursday, the spokesperson of Dangote Group, Anthony Chiejina, said there was no suspension of petrol sales from the 700,000-barrel-per-day refinery.
“The claim that the gantry petrol sale was suspended is false,” Chiejina said.
The clarification followed reports that the refinery had halted gantry sales of petrol, which are currently priced at about $0.779 per litre, equivalent to approximately N1,075 per litre.
The reports emerged shortly after Dangote Refinery announced the suspension of refined petroleum product sales in naira, a move that represented a significant adjustment in pricing arrangements within Nigeria’s downstream oil sector.
Despite the reported concerns, the refinery’s petrol gantry price has remained unchanged. However, some depot operators have introduced fresh ex-depot price adjustments, increasing petrol prices by about N100 per litre.
Operators including Opitma, Emedab and Parker are reportedly selling petrol at between N1,200 and N1,225 per litre, compared with the previous price level of about N1,080 per litre.
Meanwhile, fuel retail prices at filling stations have remained relatively stable. Reports indicate that petrol is currently being sold at around N1,155 per litre in Abuja and about N1,205 per litre in surrounding areas.
The Dangote Refinery, which has a production capacity of 700,000 barrels per day, has become a major player in Nigeria’s petroleum market, with its pricing decisions closely monitored by marketers, depot owners and consumers.
The latest clarification is expected to ease concerns among petroleum marketers over possible supply disruptions and reinforce the refinery’s role in supporting domestic fuel availability.