Dangote Criticizes Regulators, Cuts Fuel Prices in Nigeria

Aliko Dangote, in a press conference, accuses the NMDPRA of frustrating local refineries by issuing import licenses despite domestic refining potential. He calls for an investigation into the agency's leadership, particularly Engr. Farouk Ahm.

Dangote warns that continued fuel imports harm local production and urges regulatory oversight. Additionally, he announces a price reduction at his refinery to N740 per liter.

The move aims to support consumers and the market.