Photo Credit: The Punch
2025-12-23 09:00:00
In a consumer advisory cited by The Punch, Dangote Petroleum Refinery is urging Nigerians to stop buying petrol above ₦739 per litre, arguing that locally refined PMS should reach end-users at a lower price through its retail channels.
The refinery says the goal is to prevent “middlemen pricing” from swallowing announced reductions, especially in high-demand corridors where price spikes often persist even after depot adjustments.
It also introduced a reporting mechanism aimed at naming and shaming stations that sell above the advised ceiling, presenting the effort as consumer protection and market discipline.
If the call gains traction, it could intensify downstream competition—pushing marketers to either match the price band or clearly justify premiums linked to logistics and location.
Validation: Vanguard quoted the refinery saying, “We encourage Nigerians to avoid buying PMS… at ₦739 per litre… Report any MRS station selling above ₦739.” Legit.ng similarly quoted: “We encourage Nigerians to avoid buying PMS at inflated prices when locally refined fuel is available at N739 per litre.”
Echotitbits take: This is a stress test of Nigeria’s retail transparency. Watch whether enforcement is consumer-led (hotlines + publicity) or regulator-led (monitoring + penalties), and whether rural/remote pricing remains a loophole.
Source: The Punch — December 23, 2025 (https://punchng.com/stop-buying-petrol-above-n739-litre-dangote-tells-nigerians/)
The Punch 2025-12-23
