January 26, 2026

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IPMAN

Petrol Nears ₦1,000/Litre Nationwide as Dangote Refinery Supply Glitch Tightens Market

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Petrol prices have surged to as high as ₦1,000 per litre across major Nigerian cities following reported supply disruptions at the Dangote Refinery. Independent marketers blame depot operators for hiking ex-depot prices after the refinery halted loading. The resulting scarcity has sparked panic buying, long queues, and fears of fresh inflationary pressure nationwide....

Dangote Refinery Faces Backlash over Pricing, Monopoly Concerns from Marketers

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Tensions are rising in Nigeria’s downstream oil sector as independent marketers and stakeholders accuse the Dangote Refinery of restrictive pricing, port cost challenges, and monopolistic practices. Despite being Africa’s largest refinery, marketers say it’s currently cheaper to import from Lomé than load domestically. Industry groups are calling for regulatory intervention and open-market reforms....

Dangote Battles ‘Oil Mafia’ in $20bn Refinery War

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“I have been fighting all my life, and I am 100 per cent sure I will win.” – Aliko Dangote Graphic Caption: Aliko Dangote addresses investors in Lagos amid rising pressure against his $20bn refinery project. Tags: Dangote, oil mafia, refinery sabotage, Lekki refinery, crude supply, IPMAN, PETROAN, Tinubu subsidy...

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