• Home
  • About Us
  • Contact
Tuesday, August 18, 2026
News On Spot
  • Home
  • News
    ESUT

    ESUT Workers Get Major Salary Boost As Enugu Govt Makes Fresh Move…

    Osun

    Osun: Security Operatives Arrest Over 100 Suspected ‘Imported Voters’ (Video)…

    Brandon Hudspeth

    U.S. Appoints Brandon Hudspeth As New Consul General In Lagos…

    Governor Adeleke

    Adeleke Makes Surprise Move Ahead Of Saturday’s Osun Election…

    EFCC

    Tinubu Orders EFCC to Unfreeze Osun Government Account Before Governorship Election…

    Enugu

    Enugu Partners NCC to Transform Digital Park into AI and Innovation Hub…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    Taiwo Hassan

    Ogogo’s Daughters Make Emotional Plea as Actor Battles Stage-Four Cancer…

    JaceBen

    JaceBen Reveals Why Playball 2026 Means So Much To Him…

    Bayo Adetomiwa Okoh

    Big Brother Africa’s First Season Hit by Heartbreaking News…

    St. Janet

    Tributes Pour In as Popular Juju Musician St. Janet Passes Away…

    BBNaija

    BBNaija Season 11: Meet the 24 Housemates Competing in ‘Show Ya Sef’ Edition…

    Big Brother Naija

    Everything to Know as Big Brother Naija Season 11 Begins Tonight…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    FCCPC

    Bakers Face Tougher Checks As FCCPC Moves To Enforce Safety Standards…

    Fish

    The Dangerous Trick Some Fish Sellers Are Using to Fool Buyers…

    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    WhatsApp

    WhatsApp Unveils Smarter Group Chat Features with Polls, @All Mentions and Event Reminders…

    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    ESUT

    ESUT Workers Get Major Salary Boost As Enugu Govt Makes Fresh Move…

    Osun

    Osun: Security Operatives Arrest Over 100 Suspected ‘Imported Voters’ (Video)…

    Brandon Hudspeth

    U.S. Appoints Brandon Hudspeth As New Consul General In Lagos…

    Governor Adeleke

    Adeleke Makes Surprise Move Ahead Of Saturday’s Osun Election…

    EFCC

    Tinubu Orders EFCC to Unfreeze Osun Government Account Before Governorship Election…

    Enugu

    Enugu Partners NCC to Transform Digital Park into AI and Innovation Hub…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    Taiwo Hassan

    Ogogo’s Daughters Make Emotional Plea as Actor Battles Stage-Four Cancer…

    JaceBen

    JaceBen Reveals Why Playball 2026 Means So Much To Him…

    Bayo Adetomiwa Okoh

    Big Brother Africa’s First Season Hit by Heartbreaking News…

    St. Janet

    Tributes Pour In as Popular Juju Musician St. Janet Passes Away…

    BBNaija

    BBNaija Season 11: Meet the 24 Housemates Competing in ‘Show Ya Sef’ Edition…

    Big Brother Naija

    Everything to Know as Big Brother Naija Season 11 Begins Tonight…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    FCCPC

    Bakers Face Tougher Checks As FCCPC Moves To Enforce Safety Standards…

    Fish

    The Dangerous Trick Some Fish Sellers Are Using to Fool Buyers…

    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    WhatsApp

    WhatsApp Unveils Smarter Group Chat Features with Polls, @All Mentions and Event Reminders…

    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home Press Statement

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. …Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians

newsonspotadmin by newsonspotadmin
January 5, 2026
in Press Statement
Reading Time: 2 mins read
0
Dangote Refinery

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.

Tags: Dangote Petroleum RefineryNewsonspot
ShareTweetShare
Previous Post

Just In: Manchester United Sack Ruben Amorim After 14 Months as Head Coach…

Next Post

Super Eagles Cruise into AFCON Quarterfinals with 4 – 0 Win Over Mozambique…

newsonspotadmin

newsonspotadmin

Related Posts

NIBSS
Press Statement

NPS Processes Over 26 Million Transactions as First Bank and Fidelity Bank Lead in Volume and Value…

August 12, 2026
JTAH
Press Statement

JTAH Foundation Hails Safe Release of Oyo Schoolchildren and Teachers…

July 14, 2026
Akmodel
Press Statement

Akmodel MD Commends Tinubu, Makinde Over Release of Oyo Abducted Pupils…

July 14, 2026
FAVOUR BENSON
Press Statement

Favour Benson Urges Tinubu, Makinde to Rescue Abducted Oyo School Pupils…

June 3, 2026
Dangote Refinery
Press Statement

Dangote Refinery Denies Importing Fuel, Calls Out Misleading Reports…

February 10, 2026
CIG Motors
Press Statement

CIG Motors Terminates Executive Director Jubril Arogundade Over Financial Misappropriation and Abuse of Authority, Refers Case to EFCC…

January 4, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
ST Team

ST Team Hosts Maiden Business Banquet, Unveils AI-Driven Investment Vision…

February 3, 2025
Lagos State Governor-Sanwo-Olu

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Airline

Another Anambra Billionaire Set To Unveil New Airline…

May 17, 2024

Bill Gates steps down from Microsoft board to focus on philanthropy

0

Overlooked No More: Ni Gusti Ayu Raka Rasmi, Balinese Dancer

0

Nigeria vs Sierra Leone, other AFCON 2019 qualifiers cancelled

0

Osinbajo‘s convoy involved in accident, VP loses police outrider

0
Edo Assembly

Edo Assembly Gets New Speaker After Agbebaku’s Sudden Exit…

August 18, 2026
Femi Otedola

Otedola Makes Another Big Move as First HoldCo Shares Surge…

August 18, 2026
Taiwo Hassan

Ogogo’s Daughters Make Emotional Plea as Actor Battles Stage-Four Cancer…

August 18, 2026
Ademola Adeleke

Akmodel MD Congratulates Adeleke on Osun Re-election…

August 17, 2026

Recent News

Edo Assembly

Edo Assembly Gets New Speaker After Agbebaku’s Sudden Exit…

August 18, 2026
Femi Otedola

Otedola Makes Another Big Move as First HoldCo Shares Surge…

August 18, 2026
Taiwo Hassan

Ogogo’s Daughters Make Emotional Plea as Actor Battles Stage-Four Cancer…

August 18, 2026
Ademola Adeleke

Akmodel MD Congratulates Adeleke on Osun Re-election…

August 17, 2026
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World
  • https://newsonspot.com.ng/2024/04/24/another-nollywood-veteran-actor-zulu-adigwe-is-dead/
  • https://newsonspot.com.ng/2024/02/08/iheanacho-fires-nigeria-into-afcon-final-as-super-eagles-face-cote-divoire/
  • https://newsonspot.com.ng/2024/05/29/zithromax-sans-ordonnance-en-belgique/
  • https://newsonspot.com.ng/2024/12/14/nafdac-denies-it-ever-approved-lungitox-smokers-pride-herbal-tea/
  • https://newsonspot.com.ng/2024/01/17/nafdac-investigates-quality-of-paracetamol-brands-on-sale/