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Dangote Refinery Enforces N739 Petrol Price

byChidi Okoye
December 23, 2025
in Energy, Industry News, National
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Dangote Refinery Enforces N739 Petrol Price
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In a decisive move to enforce price compliance and protect consumers, the Dangote Petroleum Refinery has launched a nationwide hotline. This initiative empowers the public to report any MRS Oil Nigeria Plc filling stations selling petrol above the officially approved pump price of ₦739 per litre. The refinery’s management announced the toll-free number, 0800 123 5264, encouraging Nigerians to act as watchdogs against price gouging at MRS outlets, which are among the key distributors retailing fuel from the massive Lekki-based facility.

This development follows the refinery’s recent strategic rollout of petrol sales across the country at the fixed rate of ₦739 per litre. The pricing strategy is explicitly designed to alleviate the financial burden of high fuel costs on citizens and to inject stability into the market, particularly during the high-demand festive season. By pegging the price significantly lower than prevailing market rates in many areas, the refinery aims to disrupt the inflationary trends that have plagued the downstream sector.

In an official statement, the Dangote Refinery urged consumers to be vigilant and to refuse purchasing petrol at inflated prices when locally refined alternatives are available at a fair cost. “We encourage Nigerians to report any MRS station selling PMS above ₦739 per litre,” the statement read, emphasizing that the hotline is a tool to foster transparency and accountability within the fuel supply chain.

The refinery has also reassured the public of its robust production capabilities, stating it can churn out approximately 50 million litres of petrol daily. This volume is sufficient to meet a substantial portion of Nigeria’s domestic consumption, theoretically negating the need for scarcity-driven price hikes. The management issued a stern warning against any attempts by marketers to create artificial scarcity to exploit the price reduction for illicit profit.

Furthermore, the company has called upon regulatory bodies to step up their monitoring efforts. It stressed the importance of strict oversight to ensure that marketers adhere to the pricing guidelines and that violators face appropriate sanctions. This call to action highlights the refinery’s recognition that production alone cannot solve market distortions; effective regulation and enforcement are equally critical.

Industry analysts have reacted positively to the refinery’s intervention. Many view it as a potential turning point that could significantly reduce Nigeria’s reliance on imported fuel, thereby easing the immense pressure on the nation’s foreign exchange reserves. However, experts also caution that the success of this price cap hinges on effective enforcement. Without rigorous monitoring, retail outlets might find ways to circumvent the rules, undermining the refinery’s efforts to provide affordable energy.

The introduction of the hotline represents a direct engagement with the consumer, shifting some power back to the public. It signals the Dangote Refinery’s commitment not just to production, but to the end-to-end value chain, ensuring that the benefits of local refining actually reach the average Nigerian at the pump. As the festive season progresses, the effectiveness of this hotline and the willingness of regulators to act on reports will be closely watched tests of this new market dynamic. Consumers are advised to save the toll-free number and report any discrepancies immediately, ensuring that the intended relief of ₦739 per litre becomes a reality across all MRS stations.

Tags: Dangote Petroleum RefineryMRS Oil Nigeria Plcpetrol
Chidi Okoye

Chidi Okoye

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