Dangote Refinery Resumes Fuel Sale in Naira

Dangote Refinery Resumes Fuel Sale in Naira

Reported by David Joshua | Sele Media Africa

The Dangote Refinery has announced the resumption of fuel sales in Naira, following weeks of halted domestic transactions amid foreign exchange complications. According to a statement released by the company on Friday, the move comes after the intervention of the Naira-for-Crude Technical Committee, which was established to stabilize local crude supply and ease pressure on Nigeria’s forex reserves.The refinery noted that this decision is expected to boost local distribution, reduce fuel scarcity, and support the naira’s stability by reducing reliance on the dollar for internal transactions.Industry experts have praised the development, calling it a “timely step toward domestic energy security” and a potential relief for downstream marketers.

Source:

TheCable – Dangote resumes fuel sale in naira after naira-for-crude committee intervention [https://www.thecable.ng](https://www.thecable.ng)

About The Author

Mafeng Gyang Adams

author

Mafeng Gyang Adams is a dedicated journalist and editorial strategist, serving as the News Editor at Sele Media Africa. With a sharp eye for headlines that matter and a passion for truth-driven storytelling, Mafeng leads the newsroom with clarity and purpose. He ensures that every report meets the highest editorial standards, delivering accurate, timely, and impactful news to audiences across Africa and beyond.

See author's posts