The Dangote Refinery has announced it will suspend the sale of petrol in Naira starting tomorrow, September 28, 2025, after exhausting its crude oil allocations priced in the local currency. The decision marks a dramatic shift in Nigeria’s downstream sector, raising fresh concerns about fuel affordability and access for millions of citizens.

According to the refinery’s statement, the suspension was inevitable as its Naira-based crude supply had been fully utilized, leaving only foreign exchange-priced allocations available. This means that going forward, petrol purchases from the refinery will be strictly dollar-denominated, a move expected to put additional pressure on the already volatile FX market.

The announcement is set to trigger widespread debate across the country, as Nigerians brace for possible fuel price hikes and ripple effects on transportation, goods, and services. Industry observers warn that the development could test government intervention policies, while consumers fear the cost of living may climb even higher.

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