• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Saturday, September 12, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Dangote Refinery Launches Consumer Hotline to Combat Fuel Price Exploitation

December 23, 2025
in Business & Economy
Reading Time: 3 mins read
0
Dangote
Share on FacebookShare on TwitterShare on Linkedin
Spread the love
Get Breaking News From Our Telegram Channel!

In a bold move to protect Nigerian consumers during the festive season, Dangote Petroleum Refinery has unveiled a dedicated hotline enabling citizens to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit above the approved pump price of N739 per liter.

The initiative, announced late Sunday evening, signals an escalation in the refinery’s campaign to ensure price compliance across Nigeria’s downstream petroleum sector, where consumer exploitation has long been a persistent challenge.

The toll-free number—0800 123 5264—is now operational across all 36 states and the Federal Capital Territory, providing consumers with a direct channel to flag pricing violations at any of the MRS stations nationwide.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at ₦739 per liter,” the refinery stated in Sunday’s announcement. “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 consumer protection measure follows Dangote Refinery’s recent decision to commence nationwide petrol sales at N739 per liter—a price point the company describes as a “strategic intervention” designed to stabilize fuel costs and provide financial relief to Nigerians during the typically expensive festive season.

With a guaranteed daily production capacity of 50 million liters, the refinery has positioned itself as a reliable alternative to imported fuel, which has historically subjected Nigerian consumers to volatile international market prices and exchange rate fluctuations.

In unusually strong language, Dangote Refinery issued a stern warning to what it termed “unscrupulous operators” who might attempt to create artificial scarcity or manipulate supply chains to undermine the price reduction.

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

The warning reflects long-standing concerns within Nigeria’s petroleum sector, where artificial scarcity has historically been used by marketers to justify price hikes and maximize profits during periods of high demand.

Beyond consumer protection, Dangote Refinery emphasized the broader economic benefits of local refining at scale. The facility’s operations are expected to significantly reduce Nigeria’s dependence on imported petroleum products—a drain that has cost the nation billions of dollars in foreign exchange over decades.

“By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilizing the Naira, and strengthening energy security,” the company noted, framing the initiative as “a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.”

Industry analysts view the hotline as an innovative approach to market regulation, effectively deputizing millions of Nigerian consumers as price monitors. This grassroots enforcement mechanism could prove more effective than traditional regulatory oversight in a country where compliance monitoring has historically been inconsistent.

The refinery’s emphasis on transparency and accountability represents a departure from the often opaque practices that have characterized Nigeria’s downstream petroleum sector for years.

As the festive season approaches—a period traditionally marked by increased travel and heightened fuel demand—the success of this initiative may well determine whether Nigerian consumers finally experience sustained relief at the pump or whether entrenched interests will find ways to circumvent the intended price controls.

For now, Nigerian motorists have been advised to remain vigilant, verify prices at the pump, and make use of the hotline to report violations—effectively becoming active participants in the effort to ensure fair pricing in the nation’s petroleum market.

WHAT YOU SHOULD KNOW

Dangote Refinery has launched a consumer hotline (0800 123 5264) for Nigerians to report any MRS filling station selling petrol above N739 per liter. This marks a significant shift toward consumer empowerment in Nigeria’s notoriously opaque fuel market, where price exploitation has been rampant. With 50 million liters of daily production capacity, the refinery is positioning locally refined fuel as an affordable alternative to imports while warning against artificial scarcity tactics.

Nigerian consumers now have both a fair price benchmark and a direct tool to hold fuel marketers accountable—potentially ending decades of unchecked pricing violations if citizens actively use the reporting system.

Tags: Dangote RefineryMRS Oil Nigeria Plc
Share201Tweet126Share35
Previous Post

Singapore’s Inflation Holds Steady at 1.2% in November, Undershooting Expectations

Next Post

Ndidi Talks Up Super Eagles’ Unity, Ambition Ahead of AFCON Challenge

Related Posts

NCAA

NCAA Slaps RwandAir with N15 Million Fine

by Victoria Ogbadu
September 12, 2026
0

The Nigerian Civil Aviation Authority (NCAA) has fined RwandAir N15 million for failing to resolve a passenger's baggage complaint within...

Naira

Naira vs Euro Exchange Rate—11th September 2026

by Victoria Ogbadu
September 11, 2026
0

For a currency that spent much of the past decade lurching from one crisis to the next, the naira's newfound...

Naira

Naira vs Dollar Exchange Rate—11th September 2026

by Victoria Ogbadu
September 11, 2026
0

Nigeria's naira opened the final trading day of the week with a familiar split-screen picture: relative calm at the official...

Oil

Global Oil Prices—11th September 2026

by Victoria Ogbadu
September 11, 2026
0

Oil dipped slightly on Friday but was still set to end the week above $100 a barrel, its first time...

Dangote

FULL LIST: Dangote Refinery Names Approved Channels for Buying Shares

by Victoria Ogbadu
September 10, 2026
0

Dangote Petroleum Refinery and Petrochemicals FZE has taken a decisive step to guard against fraud ahead of its keenly anticipated...

Load More
Next Post
Photo of Wilfred Ndidi

Ndidi Talks Up Super Eagles’ Unity, Ambition Ahead of AFCON Challenge

Photo combo of Wike and Makinde

Makinde Tells Wike He Won’t Back Tinubu in 2027, Urges Respect for Political Choices

Diesel

Nigeria's Diesel Prices Show Mixed Trends as Regional Disparities Persist

Photo of Jeffrey Epstein

Trump Administration Releases More Epstein Files as Criticism Mounts Over Delays, Redactions

Governor Seyi Makinde

Oyo Governor Seyi Makinde Declares Himself 'Overqualified' for Nigeria's Presidency

PDP and APC symbol

Rivers Lawmakers Dump PDP for APC as Senate Majority Widens

Photo of Seyi Makinde

Makinde Warns Political Defections Won’t Solve Nigeria’s Problems, Calls for Focus on Democracy

JJC Skillz

JJC Skillz Accuses Don Jazzy and D'banj of Conspiracy in Explosive Podcast Interview

Trump

New Epstein File Release Deepens Scrutiny of Trump Ties as Justice Department Pushes Back

Oil

Nigeria Leads African Crude Oil Exports to U.S. with $2.57 Billion in Sales

Cartoon of The Week!

Verily_Cartoon_08_09_2026
DEMOCRACY IN THE EXAM HALL
  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
BRICS

BRICS Calls for Calm Amid Renewed US-Iran Clashes

September 12, 2026
Prosecutors

UK Prosecutors Shut Down Claims Poco Lee Was Freed

September 12, 2026
Presidential gunmen Thugs Attack Benue Senator During Church Service Yorubaland Sponsor US

Nigerian Police officers killed in gunmen attack

September 12, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp