NNPC Clashes With Dangote Over Fuel Market
The Nigerian National Petroleum Company has accused Dangote Petroleum Refinery of attempting to limit competition in the country’s fuel market.
The dispute centres on import licences granted to other petroleum marketers across Nigeria.
NNPC said the refinery’s opposition to the licences could weaken open market competition and give one company too much control over fuel supply.
The development comes as the country continues adjusting to changes in the downstream oil sector.
The state oil company maintained that multiple operators are needed to guarantee stable fuel availability and prevent market dominance.
It argued that restricting imports could expose consumers to pricing pressure and supply risks.
The disagreement adds fresh tension to the relationship between NNPC and the Dangote refinery as both sides continue to battle for influence in Nigeria’s petroleum industry.
