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CPPE warns against unrestricted fuel imports

CPPE argued that Nigeria’s long-standing dependence on imported fuel had contributed significantly to pressure on foreign reserves, exchange rate instability, fiscal leakages, and the collapse of local refineries.

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CPPE warns against unrestricted fuel imports

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thisdaylive.com3 mesi fa

CPPE: Portraying Dangote Refinery as Monopolistic Threat Simplistic

CPPE dismissed monopoly claims against Dangote Refinery, warning that petroleum import liberalisation risks repeating Nigeria's deindustrialisation as seen in collapsed tyre and textile sectors. Abuja will defend domestic refining capacity over open import regimes—a key policy signal for energy-sector investors assessing Nigeria's long-term regulatory risk.

Timeline cronologica

domenica 24 maggio 2026·premiumtimesng.com
CPPE warns against unrestricted fuel imports
CPPE argued that Nigeria’s long-standing dependence on imported fuel had contributed significantly to pressure on foreign reserves, exchange rate instability, fiscal leakages, and…
martedì 26 maggio 2026·thisdaylive.com
CPPE: Portraying Dangote Refinery as Monopolistic Threat Simplistic
• Says import liberalisation pathway to de-industrialisation