Dangote Petroleum Refinery has announced the resumption of selling the Premium Motor Spirit (PMS), petrol, in Naira barely 24 hours after serving notice it was stopping such transactions with local dealers from Sunday, September 28.
That announcement had raised fears of an increase in the pump price of fuel, currently selling at N865 per litre in places like Lagos.
The company said that the resumption came following the intervention of the Chairman of the Naira-for-Crude Transaction Committee, Dr Zacch Adedeji.
In earlier memo on Friday, Dangote Refinery had announced the suspension of petrol sales in naira as from Sunday, September 28, 2025.
Making a u-turn statement, the refinery said: “Following the intervention of the Naira for Crude Transaction Committee Chairman, we are pleased to inform you of the resumption of PMS Sales in Naira commencing Immediately
“You may kindly proceed to place your orders in Naira for both self-collection and free delivery of PMS to the earlier advised locations across the country,” it said.
According to the firm, the temporary suspension of Naira-denominated petrol sales, announced on Friday and initially scheduled to take effect from Sunday, 28 September, has been lifted.
