The Dangote Petroleum Refinery has restored the sale of Premium Motor Spirit (PMS), popularly called petrol, in Naira after briefly announcing a suspension on Friday.
In a statement issued on Saturday, the company confirmed that the decision followed the intervention of the Chairman of the Naira-for-Crude Transaction Committee.
“After consultations, we have decided to continue transactions in Naira for the benefit of our customers nationwide,” the refinery stated, assuring that supplies would proceed without disruption.
The initial suspension was expected to take effect on Sunday, September 28, before the company reversed the move.
The refinery explained that the reversal was made to stabilise distribution and ease concerns in the market.
Customers have now been advised to place fresh orders in Naira, whether for direct pickup or free delivery to designated depots across the country.
Industry observers say the development is a relief for marketers and consumers already grappling with uncertainties over fuel pricing.
“This move shows that the refinery is sensitive to the realities on the ground. Allowing sales in Naira gives room for wider accessibility and reduces panic in the market,” a Lagos-based energy analyst said on X.
Dangote Refinery further urged stakeholders to disregard the earlier notice of suspension, emphasising its commitment to ensuring a consistent and affordable petrol supply to Nigerians.
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