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Dangote Refinery Resumes Petrol Sale In Naira After Committee’s Intervention

Nse Anthony-Uko by Nse Anthony-Uko
1 year ago
in Business
Dangote Refinery Crude Supply to Local Refineries
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Dangote Petroleum Refinery and Petrochemicals FZE has announced the immediate resumption of petrol (Premium Motor Spirit) sales in Naira. This follows the intervention of the chairman of the Naira for Crude Technical Committee.

Customers can now place orders and make payments in Naira for both self-collection and free delivery of petrol at previously specified locations nationwide. In a message to its customers, sighted by LEADERSHIP on Saturday, the refinery stated that customers can now place orders and make payments in Naira for both self-collection and free delivery of petrol at previously specified locations nationwide.

Recall that the refinery had earlier suspended petrol sales in Naira amid ongoing challenges related to foreign exchange and crude oil pricing mechanisms. The intervention by the technical committee, formed to facilitate the use of the Nigerian currency in crude purchases and downstream petroleum product transactions, has helped bridge the gaps between the refinery and its customers.

The message from the Group Commercial Operations reads: “Dear Valued Customer, Following the intervention of the Naira for Crude Technical 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.”

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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