Audio By Carbonatix
Nigeria's House of Representatives on Tuesday voted to look into a dispute between the country's downstream oil regulator and Dangote Refinery over allegations about arbitrary fuel-import licences and petrol pricing benchmarks, amid corruption claims against the regulator's chief.
Aliko Dangote, Nigeria's richest man, has escalated his fight with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), accusing it of allowing in cut-price fuel imports that squeeze local refineries, including his 650,000-barrel-per-day Lagos plant, Africa's largest.
Dangote has urged a formal probe of NMDPRA chief Farouk Ahmed, citing governance concerns and claims of personal spending beyond declared income.
Lawmakers warned the row could trigger a fuel supply crunch over the holidays and said regulatory uncertainty threatens energy security and investor confidence.
The motion put by House member Francis Waive mandates the House's petroleum committees to resolve the dispute and report back within four weeks.
Members say Dangote refinery is a "strategic national investment" that could end Nigeria's reliance on fuel imports, earn much-needed foreign exchange, and moderate prices.
They said disputes between the regulator and the country's largest domestic refiner risked disrupting supply, price volatility, and policy inconsistency.
Lawmakers did not immediately disclose hearing dates.
Latest Stories
-
A Plus praises Speaker Bagbin’s leadership, says criticism from “a few” is normal
6 minutes -
Premix Fuel Distribution: Why the 53% Premix Community Fund must be protected
15 minutes -
Audit Service staff raise alarm over unpaid allowances and budget shortfalls
34 minutes -
Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash
38 minutes -
Don’t change a winning team — Dr. Asah Asante rejects calls linking minister–MP roles to poor performance
40 minutes -
National secretariat demands accountability for premix funds managed between 2017 and 2024
46 minutes -
Photos: Archbishop Charles Agyinasare hands over astroturf to Perez University College
1 hour -
Supreme Court’s halt of Kpandai rerun prevents bigger complications – Prof. Osae-Kwapong
1 hour -
NDC rules out third-term agenda for Mahama
1 hour -
Ashanti Region: Military officer arrested over alleged illegal sale of firearms
1 hour -
Tactical overview of Afcon 2025 – trends to expect
2 hours -
Vice President commissions Softcare sanitary pads production line, reaffirms gov’t partnership
2 hours -
Today’s front pages: Wednesday, December 17, 2025
2 hours -
OSP controversy: Individual views don’t reflect party position – NDC General Secretary
3 hours -
We returned winners, not losers – Bryan Acheampong rewrites NPP’s electoral history
3 hours
