NNPC cries monopoly on Dangote while state refineries remain idle

Businessday | 25-05-2026 03:33pm |

The Nigerian National Petroleum Company Limited (NNPC) has raised concerns regarding the dominance of Dangote in the fuel market, asserting that it threatens competition among rival marketers. The NNPC is advocating for the preservation of fuel import rights for these marketers to ensure a more equitable market environment. Meanwhile, state-owned refineries remain inactive, contributing to the ongoing challenges in the nation's fuel supply chain. The situation highlights the complexities within Nigeria's oil sector as stakeholders seek to address issues of monopoly and operational inefficiencies.

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