Home Business Energy . ₦739 PMS: Dangote Refinery Warns Against Price Hikes, Activates Nationwide Hotline
Energy

. ₦739 PMS: Dangote Refinery Warns Against Price Hikes, Activates Nationwide Hotline

Share
Share

Dangote Petroleum Refinery has announced the launch of a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS) above the approved pump price of ₦739 per litre. This initiative underscores the refinery’s commitment to ensuring transparency, affordability, and consumer protection in the downstream petroleum market.

The hotline number 0800 123 5264 is now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations. This measure follows the refinery’s recent commencement of nationwide PMS sales at ₦739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

Speaking on the development, Dangote Refinery emphasised its mission to deliver affordable, high-quality fuel while safeguarding national economic interests.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at ₦739 per litre. Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the statement read.

The refinery also reaffirmed its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply. Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

Share
Related Articles

Ogun to Conduct Electricity Audit in Push for 24-Hour Power Supply

Ogun State Governor, Prince Dapo Abiodun, has announced plans to carry out...

NNPC Signs MoU with Chinese Firms to Revive Port Harcourt, Warri Refineries

BY NKECHI NAECHE-ESEZOBOR—NNPC Ltd has signed a Memorandum of Understanding (MoU) with...

Tinubu Nominates Joseph Olasunkanmi Tegbe as Minister of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister...

Tinubu Names Rilwan Babalola Power Adviser, Sets Up Sector Reform Taskforce

BY NKECHI BAECHE-ESEZOBOR—President Bola Ahmed Tinubu, GCFR, has appointed Mr Rilwan Lanre...