NNPC Limited has accused Dangote Refinery of attempting to dominate Nigeria’s fuel market, escalating tensions within the country’s energy sector ahead of the refinery’s planned September IPO.
The dispute centers on efforts to limit fuel import permits in Nigeria. NNPC and fuel marketers warn that restricting imports too quickly could lead to supply shortages, higher fuel prices, and disruptions in distribution across the country.
Dangote Refinery, however, argues that continued large-scale fuel imports undermine local refining capacity and discourage investment in domestic production. The company maintains that Nigeria should prioritize locally refined petroleum products to reduce dependence on foreign suppliers and strengthen energy security.
Several petroleum marketers have opposed the lawsuit and broader restrictions, saying competition from imports helps stabilize supply and prices for consumers. Industry observers say the conflict highlights the growing power struggle over the future of Nigeria’s downstream oil sector.
The disagreement comes as Dangote Refinery prepares for a highly anticipated public listing expected in September, a move closely watched by investors and energy markets across Africa.
