Dangote Calls for Probe Over Fuel Import Licenses Amid Price Reduction

Nigerian business mogul Dangote has called for an investigation into the CEO of NMDPRA for allegedly frustrating local refineries by issuing fuel import licenses despite growing domestic capacity. Dangote accuses the CEO of conflict of interest and urges regulatory oversight in the petroleum sector.

He warns that continued fuel imports could harm local products and lead to the collapse of modular refineries. Dangote also announces a reduction in petrol prices to benefit Nigerians.

The issue highlights the challenges faced by local refineries in Nigeria's oil and gas sector.