The Federal Government of Nigeria is reportedly considering the resumption of fuel import approvals to mitigate potential supply risks, following warnings from industrialist Aliko Dangote about possible higher fuel prices.
Dangote, whose refinery is central to Nigeria’s energy transition, cautioned that without adequate policy safeguards, consumers could face increased costs. Government officials are said to be weighing the option of allowing imports to stabilize supply and prevent market shocks.
This development has sparked debate among stakeholders, with some arguing that restarting imports could undermine Nigeria’s push for self-sufficiency, while others see it as a necessary step to protect citizens from price volatility.
