FG Moves to Avert Fuel Supply Crisis, Assures Stability!
Reported by David Joshua | Sele Media Africa
The Federal Government has assured Nigerians that there will be no disruption in the supply of refined petroleum products, amid rising concerns over the nairaโforโcrude scheme and tensions surrounding Dangote Refinery operations.
Key Developments & Context
- Dangote Petroleum Refinery recently resumed petrol sales in naira after briefly halting them due to crude supply constraints. [1]
- The refinery had earlier halted naira sales, citing that its sales in naira had exceeded the nairaโdenominated crude it received. [2]
- The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered a halt to crude and gas supplies to Dangote, citing mass dismissals of workers. [3]
- The FG maintains that the nairaโforโcrude deal between NNPC and Dangote remains active, not cancelled. [4]
- A spokesperson from Dangote previously assured that there would be no petrol shortage, even during a tanker driversโ strike. [5] What This Means & Watchpoints
- The FGโs assurance is designed to calm fears of fuel scarcity and prevent panic buying.
- The stability of supply now hinges on continued crude delivery, refined product distribution, and the resolution of union demands.
- Observers will watch how FG balances the financial sustainability of the nairaโforโcrude scheme with the need to keep fuel prices affordable and supply steady.
- Any further disruptionsโespecially if PENGASSANโs directives are acted onโcould test the governmentโs assertions.
Citations:
- Reuters: www.reuters.com/business/energy/nigerias-dangote-refinery-resumes-naira-petrol-sales-after-brief-halt-over-crude-2025-09-28/?utm_source=chatgpt.com
- Reuters: www.reuters.com/business/energy/nigerias-dangote-refinery-halts-naira-petrol-sales-over-crude-supply-constraints-2025-09-27/?utm_source=chatgpt.com
- Reuters: www.reuters.com/business/world-at-work/nigerias-oil-union-orders-halt-gas-supply-dangote-refinery-over-mass-sackings-2025-09-27/?utm_source=chatgpt.com
- Vanguard News: www.vanguardngr.com/2025/03/naira-for-crude-nnpc-deal-with-dangote-remains-intact-says-fg/?utm_source=chatgpt.com
- Vanguard News: www.vanguardngr.com/2025/09/there-ll-be-no-fuel-shortage-dangote-refinery-assures-amid-tanker-drivers-strike/?utm_source=chatgpt.com
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