Dangote refinery competition
Petroleum Sector Monopoly Must End to Protect Consumers, Say Stakeholders
As Nigeria’s petroleum downstream sector continues to undergo critical transformation, stakeholders have raised alarms over the growing threat of monopoly and called on regulatory agencies to urgently step in to ensure a competitive and consumer-friendly market environment. This call was made during the second-quarter webinar and stakeholder engagement session organised by the Major Energies Marketers […]
OPS Demands Refinery Sell-Off Following $2.4bn Botched Repairs
The Organised Private Sector (OPS), major oil marketers, and economic experts have renewed calls for the urgent privatisation of Nigeria’s government-owned refineries. This fresh demand follows the recent shutdowns of the Port Harcourt and Warri refineries just months after they were declared operational by the Nigerian National Petroleum Company Limited (NNPCL). Despite the high-profile rehabilitation […]