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NIGERIA’S PETROL IMPORTS
Dangote Petroleum Refinery Petrochemicals FZE has urged the Court of Appeal in Abuja to grant it permission to challenge a recent Federal High Court judgment ordering the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue to grant petroleum product import licences to three major oil marketers — Matrix Energy, AA Rano, and AYM Shafa.
Nigeria’s petrol imports surged in 2024, more than doubling despite increased domestic refining capacity, highlighting the country’s persistent...