NNPC Tells Court Dangote Petrol Too Expensive, Fuel Imports Must Continue
The Nigerian National Petroleum Company Limited has told the Federal High Court in Lagos that petrol from the Dangote refinery is sold at prices that are too high and too unstable, and that fuel imports must be allowed to continue to protect consumers from price exploitation.
Counter-Affidavit Challenges Dangote’s Monopoly Claims
NNPC filed the counter-affidavit in opposition to Dangote’s originating summons in Suit No. FHC/L/CS/857/2026, where Africa’s largest private refinery is asking the court to void import licences granted to six petroleum marketers. The state oil company urged the court to dismiss the suit on grounds that it is incompetent, premature and an abuse of court process.
“The plaintiff’s suit is premature; the plaintiff lacks locus standi,” NNPC argued in its filing.
The six companies cleared to import between 600,000 and 720,000 metric tonnes of petrol are NIPCO, AA Rano, Matrix Energy, Shafa Energy, Pinnacle Oil and Gas, and Bono Energy. Dangote argues the approvals violate a court order from April 29 directing all parties to maintain the status quo, and are inconsistent with the Petroleum Industry Act.
PETROAN Backs NNPC Position
The Petroleum Products Retail Outlet Owners Association of Nigeria also filed documents supporting NNPC’s position, arguing that competition in the petroleum sector is needed to prevent price exploitation and that multiple supply sources would bring fuel prices down for consumers.
NNPC’s filing represents its most direct formal challenge yet to Dangote’s legal strategy. The state oil company has effectively sided with the marketers whose import licences Dangote wants cancelled, arguing that competition from imports is necessary for Nigerian consumers.
Ongoing Commercial Conflict
The dispute adds a new front to a conflict that has been developing since the refinery began operations in 2024. Dangote has publicly accused NNPC of sabotaging his $20 billion investment by denying the refinery adequate crude supplies and supporting competing fuel imports even as the facility runs above its 650,000-barrel-per-day nameplate capacity.
In the first quarter of 2026, domestic refining accounted for approximately 76.7 per cent of total national petrol supply, with imports at 965 million litres compared to the refinery’s 3.18 billion litres.
The case is expected to be heard in the coming weeks at the Federal High Court, Lagos Judicial Division.
Sources: Punch, billionaires.africa, ThisDay
Written by
Amina Garba
Financial reporter covering CBN policy, oil and gas, government budgets, and macroeconomic trends. Business Writer at NaijaTrend.
You May Also Like
Business
Naira Strengthens to N1,357.26/$ as FX Liquidity Improves — Near One-Month High
The naira strengthened to N1,357.26 per dollar on Wednesday — a near one-month high last seen on May 6 — as improved…
Business
CBN Relaxes Dollar Account Rules, Grants Nigerians Unrestricted Access to FX Funds as Naira Hits Three-Week High
The naira has surged to a three-week high against the dollar, closing at N1,357.26 on Wednesday — a gain of N3.79 from…
Business
Dangote Refinery Sues Federal Government Over Alleged Crude Supply Sabotage
The Dangote Petroleum Refinery has taken the Federal Government to court, accusing the Nigerian National Petroleum Compa…
Business
Nigeria’s Capital Importation Surges 84% to $10.37 Billion in Q1 2026 — NBS
— Nigeria attracted $10.37 billion in capital importation in the first quarter of 2026, representing an 83.83 per cent…