Nigeria may be on the brink of another fuel crisis as Aliko Dangote, owner of the Dangote Refinery, has accused the Nigerian National Petroleum Company Limited (NNPCL) of providing insufficient crude oil for petrol production.
Describing the supply as “peanuts,” Dangote warned that the shortfall could significantly impact the refinery’s output, leading to potential scarcity and long queues at fuel stations.
Speaking at an industry forum, Dangote expressed frustration over the inadequate allocation, emphasizing its ripple effect on local production.
He urged NNPCL to step up its supply to prevent reliance on costly fuel imports, a burden already straining the Nigerian economy.
The NNPCL, in response, defended its distribution policies, citing challenges like fluctuating global oil prices and domestic demand. However, energy experts warn that if the issue isn’t resolved promptly, Nigerians could face another wave of fuel shortages and increased prices.
With the Dangote Refinery seen as a game-changer in Nigeria’s energy sector, the ongoing tension highlights the pressing need for better synergy between stakeholders to ensure uninterrupted fuel supply.
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