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Today, October 22, is the day that has been set aside by the Supreme Court of Nigeria for the hearing and the consolidation of the suit brought before the Court in the matter between 16 states of the Federation and the Attorney General of the Federation to determine the legality or otherwise, to wit the […]

Dangote Petroleum Refinery and Petrochemicals FZE has filed a lawsuit at the Federal High Court in Abuja, seeking to nullify the import licenses issued to the Nigeria National Petroleum Corporation Limited (NNPC), Matrix Petroleum Services Limited, A.A. Rano Limited, and four other companies. These licenses permit the importation of refined petroleum products that Dangote Refinery […]

The Dangote Refinery, while hailed as a solution to Nigeria’s energy problems, represents a dangerous attempt to monopolize the country’s oil sector. Monopolies are inherently harmful, stifling competition, driving up prices, and concentrating wealth and power in the hands of a few. If allowed to proceed unchecked, Dangote’s refinery will erode the benefits of free-market […]

The lawsuit filed by Dangote Petroleum Refinery and Petrochemicals at the Federal High Court in Abuja, seeking the annulment of import licenses granted to the Nigerian National Petroleum Company Limited (NNPCL) and six other legitimate petroleum companies is nothing short of an outrageous and despicable power grab. It is a shameless attempt to strangle the […]

In a surprising twist of events, the Dangote Group says it will withdraw its ₦100bn suit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for granting import licenses to the Nigerian National Petroleum Company Limited (NNPCL), Matrix Petroleum Services Limited, AA Rano Limited, and four other companies despite local production of petroleum products.  […]

Dangote Petroleum Refinery and Petrochemicals has filed a lawsuit at the Federal High Court in Abuja requesting the annulment of import licenses granted to the Nigerian National Petroleum Company Limited (NNPCL), Matrix Petroleum Services Limited, AA Rano Limited, and four other companies.   The case centred on the importation of refined petroleum products that Dangote […]