Resolve NNPCL, Dangote fuel pricing controversy now, CNPP urges FG

Oct. 1, 2024 - Guardian Nigeria

The Conference of Nigerian Political Parties (CNPP) has expressed concern about the lingering controversy surrounding the pricing of petrol from the Dangote Refinery and the role of the Nigerian National Petroleum Company Limited (NNPCL), urging the Federal Government to resolve the logjam. According to the CNPP, the apparent crisis has far-reaching implications for the economy, livelihoods, and democracy in Nigeria and Africa.

We urge the Federal Government to intervene immediately and ensure that the pricing of petrol from Dangote Refinery is fair, reflective of production costs, and aligned with global standards. We demand that the Federal Government of Nigeria, through its company, the NNPCL, cease its meddling and allow Dangote Refinery to operate freely, ensuring competitive pricing and supply.

Does NNPCL, under the Petroleum Industry Act, own Nigeria’s crude oil to decide what to do with it as it wishes?..