• Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
Sunday, May 24, 2026
  • Login
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
No Result
View All Result
Kogi Flame
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
No Result
View All Result
No Result
View All Result
📰 Get Latest News Updates

Join our Telegram group and receive breaking and trending news updates directly on your phone.

Join for News Updates ✕

Dangote Refinery Dismisses Shutdown Claims, maintains 50 million Litres PMS Daily Output

Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday

Kogi Flame by Kogi Flame
January 6, 2026
in Business
0
Intra-African Trade Fair 2025 Welcomes Dangote Group as Official Premier Partner Algiers

RelatedPosts

Dangote Cement Gboko Rolls Out Multi-Million Naira Empowerment Programmes For Six Benue Host Communities

Olokola Deep Seaport: Dangote Engages Ogun/Ondo Host Communities ahead Project Takeoff

Fertiliser Plants: Dangote vows to ensure food security in Africa

Spread the love

Kogiflame

Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and misleading.

In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted. “Dangote Petroleum Refinery continues to operate at scale and retains the capacity to supply between 40 million and 50 million litres of Premium Motor Spirit (PMS) daily through January and February, subject solely to market demand,” the statement said. It added that on January 4, the refinery produced 50 million litres of PMS and evacuated 48 million litres via its gantry. “Current stock levels cover over 20 days of national consumption, effectively dispelling any concerns about supply.”

The refinery clarified that routine maintenance on specific units, including the Crude Distillation Unit (CDU) and Residual Fluid Catalytic Cracking (RFCC), does not interrupt overall production, owing to the sophisticated and integrated design of its processing units. Other critical units, such as the Naphtha Hydrotreater, CCR Reformer, and Hydrocracker, remain fully operational, producing PMS, Diesel (Automotive Gas Oil), and Jet A-1.

“Dangote Petroleum Refinery confirms that it has consistently maintained adequate PMS availability for the domestic market. From 16 December 2025 to date, the refinery has loaded between 31 million and 48 million litres of PMS daily from its gantry, in line with prevailing market demand. These volumes are fully verifiable against depot loading records maintained by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in the normal course of its regulatory responsibilities,” the statement said.

The refinery also reaffirmed its ex-gantry price of N699 per litre for PMS, available to all marketers and bulk consumers. It encouraged filling stations, large-scale users, and institutional buyers to patronise locally refined products, which are more affordable, reliable, and of high quality, rather than relying on imported alternatives.

“By sourcing PMS locally at N699 per litre, marketers are better positioned to pass on price relief to consumers, enhance market stability, conserve foreign exchange, and support Nigeria’s broader economic recovery and energy security objectives,” the refinery said.

Dangote Petroleum Refinery accused fuel importers of promoting false reports to justify recent, unwarranted increases in petrol pump prices, noting that such actions run counter to national interest and impose unnecessary hardship on Nigerians. According to the refinery, without domestic refining, petrol prices could rise to as much as N1,400 per litre in a post-subsidy environment, highlighting the stabilising role of local production.

“Recent price movements further highlight an uncomfortable reality. In the absence of the Dangote Petroleum Refinery, fuel importers would continue to operate without restraint, with petrol prices potentially escalating to levels estimated at up to N1,400 per litre in a post-subsidy environment. The refinery’s operations have therefore served as a critical stabilising force in the downstream petroleum market,” the statement added.

Reiterating its commitment to energy security and market stability, the refinery said it would continue supplying high-quality petroleum products, maintaining steady availability, and supporting Nigeria’s broader economic growth. Stakeholders and the public were advised to disregard misinformation and rely on verified sources.

“Dangote Petroleum Refinery will continue to act in the national interest by supplying high-quality, locally refined petroleum products while supporting Nigeria’s economic stability, energy independence, and industrial growth,” it concluded.

Kogi Flame

Kogi Flame

Related Posts

Dangote Cement Gboko Rolls Out Multi-Million Naira Empowerment Programmes For Six Benue Host Communities
Business

Dangote Cement Gboko Rolls Out Multi-Million Naira Empowerment Programmes For Six Benue Host Communities

May 21, 2026
Olokola Deep Seaport: Dangote Engages Ogun/Ondo Host Communities ahead Project Takeoff
Business

Olokola Deep Seaport: Dangote Engages Ogun/Ondo Host Communities ahead Project Takeoff

May 19, 2026
Fertiliser Plants: Dangote vows to ensure food security in Africa
Business

Fertiliser Plants: Dangote vows to ensure food security in Africa

May 17, 2026
Dangote Industrialising Africa, Says NCCIMA DG
Business

Dangote Industrialising Africa, Says NCCIMA DG

May 17, 2026
Kogi L-PRES Empowers 500 Pasture Farmers to Enhance Livestock Production
Business

Kogi L-PRES Empowers 500 Pasture Farmers to Enhance Livestock Production

May 16, 2026
ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK
Business

ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK

May 12, 2026
Load More
Next Post
2026 Ovia Osese Festival : ODU President Visits Humanitarian Minister, seek for collaboration

2026 Ovia Osese Festival : ODU President Visits Humanitarian Minister, seek for collaboration

No Result
View All Result
  • Kogi’s Creative Pride: Gov. Ododo Celebrates Nike Davies-Okundaye at 75
  • First HoldCo Group Companies’ Boards and Management teams visit Dangote Refinery
  • Kogi West APC Primary: Alleged Moves to Tamper With Karimi’s Victory Spark Concern
  • Bello Backs Tinubu’s 2027 Bid, Praises Leadership Courage
  • 2027: Karimi Stands Tall as Kogi West Senatorial Race Takes Shape

Categories

  • Business
  • Course
  • Fashion
  • Feature
  • Featured
  • Health
  • Interview
  • Music
  • News
  • Opinion
  • Politics
  • Recipes
  • Sport
  • Sports
  • Uncategorized
  • World

All Rights Reserved ©2025. Designed by Domotechhub.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports

All Rights Reserved ©2025. Designed by Domotechhub.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In