Fuel importers are spreading fake news to jack up gas prices. The Dangote refinery just called out a bogus report claiming it was shutting down for maintenance, saying the story is a deliberate lie pushed by importers scared of competition. They warned that without their domestic refining, pump prices could hit N1,400 per liter since importers would have zero reason to keep costs down. The refinery says it is running just fine, with no interruptions to production. It currently can supply up to 50 million liters of petrol daily based on what the market needs.
Operations are stable and ongoing. The facility produced 50 million liters on a single day recently and shipped out 48 million. It has enough stock on hand to meet national demand for over twenty days. Any routine work on specific units does not stop overall output because of the plant's integrated design. Other processing units keep churning out fuel, diesel, and jet fuel without pause.
The company reaffirmed its set price of N699 per liter at its own loading gantry, available to all marketers. It urged station owners and big consumers to buy this local supply, arguing it would help stabilize the market and save the country's foreign currency. The refinery stated it has been consistently loading between 31 and 48 million liters daily since mid-December, with records verified by the national petroleum authority. The message was clear: ignore the rumors, buy Nigerian refined fuel, and do not let yourselves get scammed by artificial price hikes.
Operations are stable and ongoing. The facility produced 50 million liters on a single day recently and shipped out 48 million. It has enough stock on hand to meet national demand for over twenty days. Any routine work on specific units does not stop overall output because of the plant's integrated design. Other processing units keep churning out fuel, diesel, and jet fuel without pause.
The company reaffirmed its set price of N699 per liter at its own loading gantry, available to all marketers. It urged station owners and big consumers to buy this local supply, arguing it would help stabilize the market and save the country's foreign currency. The refinery stated it has been consistently loading between 31 and 48 million liters daily since mid-December, with records verified by the national petroleum authority. The message was clear: ignore the rumors, buy Nigerian refined fuel, and do not let yourselves get scammed by artificial price hikes.
