Aliko Dangote has reignited his battle with the Nigerian Midstream and Downstream Petroleum Regulatory Authority, accusing the regulator of allowing “unethical” fuel imports that undermine local refining. Dangote argues that continued imports, despite his refinery’s growing capacity, threaten Nigeria’s downstream sector and violate the Petroleum Industry Act.
The dispute escalated as he personally alleged that the regulator’s chief used public funds for his children’s foreign education, calling it “economic sabotage.” The authority insists that imports remain necessary to cover supply gaps, citing recent data showing that demand still outpaces domestic output.
Analysts warn the dispute risks destabilizing a sector just finding its footing, raising concerns over competition, pricing, and whether Nigeria is heading toward market dominance by a single player.