Overview
- Aliko Dangote called for investigation and possible prosecution of NMDPRA CEO Farouk Ahmed, alleging conduct he described as economic sabotage.
- He claimed the regulator has issued import licences covering about 7.5 billion litres of petrol for Q1 2026, which he argues discourages local refining.
- Dangote announced his refinery’s gantry price at N699 per litre and said MRS stations in Lagos would sell petrol at up to N740 per litre from December 16.
- He reduced the refinery’s minimum purchase to 500,000 litres to widen marketer access, including for IPMAN members, and criticized reported misstatements of his plant’s capacity.
- He alleged Ahmed lives beyond his means, citing costly schooling abroad for his children, while the NMDPRA’s spokesman declined to comment on the accusations.