Nigeria’s NNPC told a court that Dangote petrol is too expensive and that fuel imports must continue — a striking escalation in the contest between Africa’s largest refinery and Nigeria’s state oil company, just weeks before the refinery’s targeted June-July IPO.
The Court Filing
- NNPC: Dangote petrol is “too expensive”
- Argues fuel imports must continue
- Dangote suing the government over import licences (filed earlier)
Why It Matters
- Tests Nigeria’s pivot to domestic refining
- Could shape the refinery’s IPO narrative + pricing
- Pump prices + FX bill at stake for ordinary Nigerians
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