Dangote Refinery to end N10 rebate on PMS, cancels plans for scheduled maintenance

2 weeks ago 18
  • Dangote refinery has continued to support its customers blessed with regular terms cuts and occasional refunds
  • The institution announced a impermanent N10 rebate connected each litre of premium centrifugal tone that customers purchased
  • After cancelling an earlier scheduled maintenance, Dangote Refinery has informed customers of the extremity day for the rebate

Legit.ng journalist Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

The Dangote Petrochemical Refinery has cancelled the attraction of its 204,000 barrels per time gasoline-producing unit, earlier scheduled for June 2025.

The refinery had earlier planned to unopen down the gasoline-making residue fluid catalytic cracking portion for attraction repairs and upgrades successful June.

However, a study from Reuters connected Tuesday said the attraction was nary longer necessary, arsenic the refinery had already carried retired exigency indispensable upgrades and repairs betwixt 7th April and 11th May.

Fuel prices to revert to N835 per litre arsenic  Dangote refinery ends N10 rebate successful  fewer  daysThe extremity of the rebate volition revert the ex-depot terms of substance to N835 per litre. Photo credit: Dangote group/contributor
Source: Getty Images

Industry monitor, Industrial Info Resources (IIR) Energy reported that the exigency attraction led to an summation successful the export of residual products, including straight-run substance oul.

During the aforesaid period, exports of finished products, specified arsenic pitchy substance and state oil, declined, portion petrol imports to Nigeria surged by 24%, reaching 210.54 cardinal litres, the PUNCH reports.

However, the refinery has not released an authoritative connection to corroborate this update.

Dangote debunks reports of shutting down units for repairs

In an earlier lawsuit successful April, the refinery debunked reports of shutting down its gasoline-production portion for repairs.

The reports claimed that the accumulation and proviso of respective products could beryllium impacted by the shutdown.

A elder authoritative astatine the refinery confirmed to reporters that accumulation and proviso had not paused, and products were inactive being loaded daily.

Dangote refinery’s N10 rebate connected petrol to end

Dangote Refinery customers person been notified that the impermanent N10 rebate connected Premium Motor Spirit (PMS) purchases volition extremity soon.

The customers confirmed that the announcement from the institution informed them that the rebate volition extremity connected Thursday, May 15, 2025.

Dangote Refinery had archetypal announced different price slash to N835 per litre, placing it good up of competitors successful the terms warfare for marketplace dominance.

In addition, the refinery offered customers a N10 rebate to beryllium received aft successfully loading the products. This efficaciously enactment the terms astatine N825 per litre, allowing marketers much borderline for nett and outpricing the competition.

According to a marketer, this rebate is simply a mode for the refinery to connection competitory pricing and summation much marketplace stock without announcing an authoritative alteration successful price.

Fuel prices to summation   arsenic  Dangote refinery confirms day  to extremity  N10 rebate connected  substance  purchases.The N10 rebate allowed Dangote partners to merchantability astatine little prices and support the borderline implicit competitors. Photo credit: Pius Utomi Ekpei/contributor
Source: Getty Images

The refinery has not issued a nationalist connection connected the rebate, but the connection sent to the customers confirms that the N10 rebate would nary longer use aft Thursday, May 15.

Dangote Refinery offers a N10 rebate to customers

Legit.ng earlier reported that Dangote Petroleum Refinery was refunding marketers N10 per litre aft merchandise loading, efficaciously reducing the ex-depot petrol price.

The N10 rebate allows marketers to merchantability petrol astatine a little complaint to Nigerians buying from their filling stations nationwide.

The terms accommodation is portion of Dangote’s strategy to predominate the substance marketplace amid ongoing petrol imports.

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Source: Legit.ng

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