Connect with us

Business

Dangote Refinery Sues FG, NNPC Over Fresh Petrol Import Licences

Dangote Petroleum Refinery has filed a fresh lawsuit against the Federal Government, challenging fuel import licences issued…

Published

on

DangoteRefinery2
VN62

Dangote Petroleum Refinery has filed a fresh lawsuit against Nigeria’s Attorney General in a move aimed at overturning petrol import licences issued to the Nigerian National Petroleum Company Limited and several fuel marketers.

The legal action follows recent approvals granted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to six marketers for the importation of petrol into the country.

According to court documents, the refinery is seeking an order from the Federal High Court in Lagos to nullify the import permits issued or renewed by the NMDPRA.

Dangote Refinery argued that the licences violate an earlier court order directing parties to maintain the status quo.

The refinery also maintained that fuel imports should only be allowed when local supply falls short, insisting that its current production capacity can adequately meet domestic demand.

Advertisement

The NMDPRA had recently approved licences for the importation of 720,000 metric tonnes of Premium Motor Spirit (PMS), commonly known as petrol.

RECOMMENDED FOR YOU  Dangote Cement Market Cap Hits N13 trillion, Now Double BUA Cement

The approved marketers include NIPCO, AA Rano, Matrix, Shafa, Pinnacle, and Bono.

Breakdown of the allocations showed that NIPCO is expected to import 120,000 metric tonnes, AA Rano 150,000MT, Matrix 150,000MT, Shafa 120,000MT, Pinnacle 120,000MT, and Bono 60,000MT.

The development comes despite claims by the NMDPRA that Dangote Refinery currently supplies over 90 per cent of Nigeria’s daily petrol consumption.

Advertisement

Industry regulators and marketers have repeatedly defended fuel importation, arguing that imports remain necessary to ensure stable supply and prevent shortages across the country.

It would be recalled that Dangote Refinery had previously withdrawn a similar lawsuit against the NNPC and other marketers in 2025 following the intervention of the Federal Government.

RECOMMENDED FOR YOU  BREAKING: Nigerian Government Introduces New Tax Rules for Cryptocurrency, Digital Assets

President of the Dangote Group, Aliko Dangote, has consistently argued against continued petrol importation, insisting that there is no reason to import fuel while his refinery has sufficient production and storage capacity.

Speaking during a recent interview with Norwegian Sovereign Wealth Fund CEO, Nicolai Tangen, Dangote disclosed that the refinery is currently processing about 661,000 barrels of crude oil per day.

Advertisement

“The refinery has been tested. We have now processed even crude at 661,000 barrels a day. So we have demonstrated that capability,” he said.

Dangote also revealed that the refinery sources about 56 per cent of its crude oil from Nigeria, while additional supplies come from Angola, Libya, and the United States.

RECOMMENDED FOR YOU  MC Oluomo Has No Immunity, Bring Your Evidence Against Him On Igbos Attack – Police Tells Nigerians

DON’T MISS: BREAKING: TCN Adds 600MW to National Grid, Boosts Power Supply Nationwide

He further stated that the company plans to expand production capacity to about 1.4 million barrels per day within the next 30 months.

Advertisement

During the interview, Dangote accused certain powerful interests of attempting to sabotage the refinery because of the financial benefits tied to fuel importation and subsidy arrangements.

“The Mafia are the people who are actually benefiting because Nigeria were giving out almost $10bn every year as a subsidy,” he said.

“There are shippers who are making tonnes of money. There are traders who are making a lot of money buying crude and sending us refined products,” he added.

WhatsApp
Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

WhatsApp Image 2026 10 01 at 15.43.56 WhatsApp Image 2026 10 01 at 15.43.56
News2 hours ago

Elochukwu Ohagi Describes Nnamdi Kanu as ‘Anointed Builder’ in Biafran Cenotaph Tribute

Elochukwu Ohagi has described Nnamdi Kanu as an “anointed builder” and “divine instrument” in the struggle for Biafran restoration, highlighting...

arrested arrested
News1 day ago

Delta Commissioner, Three Others Arrested Over Deputy Director’s Death

Five suspects are now in custody, while police have declared two others wanted as investigations into the ministry official’s death...

Nnamdi Kanu Biafra Nnamdi Kanu Biafra
News2 days ago

Kanu Family Fires Back: ‘No Statutory Transition Means No Valid Sentence’

The Okwu-Kanu Family has called for the immediate hearing of Nnamdi Kanu’s appeal, questioning the written law underpinning his conviction...

IPOB2 IPOB2
News2 days ago

IPOB Accuses Nigerian Judiciary of ‘Judicial Banditry’ Over Nnamdi Kanu Conviction

IPOB has accused the Nigerian judiciary of violating constitutional provisions in Nnamdi Kanu’s conviction, questioning the legal basis of the...

WhatsApp Image 2026 07 20 at 11.15.35 WhatsApp Image 2026 07 20 at 11.15.35
News3 days ago

IPOB: Nnamdi Kanu Must Be Released Unconditionally, Appeal Must Be Listed — Chris Nwaọgụ

IPOB has renewed its demand for the immediate and unconditional release of Nnamdi Kanu, while calling for his pending appeal...

Nnamdi Kanu ww Nnamdi Kanu ww
News5 days ago

‘Show Me the Law’ Is Not a Joke — It Is Section 36, Section 122, and the Supreme Court, Spoken from the Dock

Ifedi argues that Kanu’s conviction relied on a repealed terrorism law, raising fundamental constitutional questions about its validity.

Elrufai and Atiku Elrufai and Atiku
Politics7 days ago

BREAKING: Atiku Appoints El-Rufai, Hayatu-Deen in ADC Presidential Campaign Council

Atiku Abubakar has announced the appointment of Nasir el-Rufai and Mohammed Hayatu-Deen to key positions in his African Democratic Congress,...

neco 1 neco 1
Education7 days ago

NECO Releases 2026 SSCE Results, Records Drop in Examination Malpractice

NECO has released the 2026 SSCE results, with 1,496 candidates recorded for examination malpractice, representing a 64.74% decrease from 2025.

image 39 image 39
Sports1 week ago

PHOTOS: Anthony Joshua Endures ‘Torture’ Training Ahead of Fury Fight

Anthony Joshua has stepped up his preparations for a potential Tyson Fury showdown with an unusual stretching machine that has...

umahi niger bridge umahi niger bridge
News1 week ago

Umahi Orders Tinubu’s Pictures on First Niger Bridge

Works Minister David Umahi has ordered that President Bola Tinubu’s pictures be displayed on the First Niger Bridge after its...

Advertisement