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Dangote Refinery denies halting petrol sales amid speculation over dollar-based transactionsDepot owners have increased petrol prices to over N1,200 per litre due to rising crude oil costsMotorists may face higher fuel prices as supply chain adjustments follow increased depot costs
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Dangote Refinery has dismissed reports claiming it suspended the loading and sale of petrol to marketers through its gantry, insisting that fuel distribution is continuing despite widespread speculation.
The clarification came on Thursday, July 16, 2026, after reports suggested that the 700,000-barrel-per-day refinery had halted petrol sales following its decision to switch to dollar-denominated transactions for refined petroleum products.
Dangote Refinery speaks amid suspension of gantry loading. Credit: Bloomberg/ContributorSource: Facebook
Some reports claimed petrol was being sold at about $0.779 per litre, equivalent to roughly N1,075 per litre, fueling concerns across Nigeria’s downstream petroleum market.
However, Dangote
