Energy
Dangote, NMDPRA Feud Escalates Despite Commission’s Leadership Change
The dispute between the Dangote Refinery and the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) continues to flare up.
The two warring sides are presently at loggerheads over the current production capacity at the 650,000 barrels per day Dangote Refinery in the Ibeju-Lekki area of Lagos and its actual contribution to Nigeria’s fuel needs.
The two sides have been making claims and counter claims on the refinery’s actual petrol output. While the refinery claimed it has enough fuel in its storage and that fuel tankers have been loading over 50 million litres of petrol daily from its gantry for local consumption, the NMDPRA is giving a much lower figure.
According to the NMDPRA in its November 2025 Fact Sheet, Nigeria’s average petrol consumption in November 2025 stood at about 52.9 million litres per day. This figure exceeded the long-standing national benchmark of 50 million liters per day.
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The agency also claimed that imported fuel accounted for 73 per cent of Nigeria’s premium motor spirit consumption in November 2025. This means that Dangote Refinery supplied an estimated 18 million to 23.5 million litres per day in November 2025, an amount that is well below its reported output of 35 million liters per day.
The implication of the NMDPRA’s latest figures is that domestic supply remains both unstable and inadequate.
Facts Behind The Figures
NMDPRA’s supply and consumption data have pitched the management of the two organizations against each other, with each side justifying its numbers.
BH recalled that the latest feud between the two parties is a continuation of a public altercation between the President of Dangote Industries Limited (DIL), Alhaji Aliko Dangote and the former NMDPRA CEO, Farouk Ahmed, over the agency’s underreporting of Dangote’s fuel figures, and the continued issuance of licences to marketers to import petroleum products.
The conflict eventually led to the unexpected sacking of the NMDPRA’s boss by President Bola Tinubu in December 2025.
Speaking recently at a media event in Lagos, where he faulted NMDPRA’s data, a visibly angry Aliko Dangote claimed the industry regulator was not telling Nigerians the truth.
He challenged the agency to send a team to the refinery to verify its fuel production and availability status.
“The regulator is very smart. What it is doing is telling Nigerians what was being taken out of the refinery. What has been taken out of the refinery is totally different from what has been produced.
“When we got tired of all this misleading information, we wrote him a letter telling him to come every day to check our stock and publish what we produce and what we have in stock.
“Now, you come every day, check our stock, which we don’t want to share before because people can take a position on that, you know, stocks.
“That’s how the market works. But we don’t even mind losing money. So, that Nigerians can be assured that there’s more than enough to supply the domestic market,” Dangote said.
While Dangote Refinery and NMDPRA’s officials are busy justifying their fuel supply figures, Business Hallmark findings revealed that NMDPRA’s supplied data on the actual fuel consumption figures in the country and who supplied what can not hold ground when juxtaposed with available facts.
For instance, multiple sources confirmed to our correspondent that Dangote’s fuel has gained more inroad into the Nigerian market in the last six months than acknowledged by the regulator, yet it has not changed things much and left room for import by marketers.
Manipulating Supply And Price
Multiple sources, including marketers lifting oil from the refinery and news channels reporting on activities at the mammoth plant, confirmed that the refinery has actually been loading over 1,000 tankers of petrol meant for the local market in the last three months.
Energy
NNPC Flaunts $800m Ima FID, as Affirmation of Upstream Viability
The $800 million Final Investment Decision (FID) on the Ima Gas Project (IGP) has been described as a landmark development that affirms the growing viability of Nigeria’s upstream gas sector.
The Nigerian National Petroleum Company Limited (NNPC Ltd) flaunted the project, located offshore in OMLs 112 and 117 and developed by AMNI International in partnership with TotalEnergies, noting that it will produce about 300 million standard cubic feet of gas per day at peak.
It added that the output will supply critical feedgas to the Nigeria LNG Limited in support of its Train 7 expansion, which will increase capacity at the Bonny Island plant from 22 million tons per annum to 30 Mtpa.
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This was detailed in a statement in which the state oil major stressed that the FID was enabled by the presidential directives of 2024, which provided fiscal incentives for non-associated gas, streamlined contracting and lowered development costs.
Group Chief Executive Officer, NNPC Ltd, Bayo Ojulari described it as “a decisive vote of confidence in Nigeria’s gas sector and in the bold reforms” that have created competitive terms and a predictable investment environment.
The NNPC Ltd also commended the collaboration between AMNI, TotalEnergies and the Nigerian financial sector, saying the model of indigenous operator, international partner and domestic capital is a template for future developments.
“NNPC reaffirms its commitment to work with government, regulators and industry partners to sustain investment momentum and deploy Nigeria’s gas resources for industrialisation, job creation and long-term prosperity,” the statement added.
Energy
N4bn Compensation Dispute Threatens Ikot Abasi Power Project
Nearly 20 years after the Federal Government awarded the contract for the 330kV Ikot Abasi Transmission Line, the Niger Delta Power Holding Company Limited (NDPHC) has turned to the Akwa Ibom State Government to break a N4 billion compensation deadlock threatening the completion of the strategic power project.
The transmission project, awarded in 2006 under the National Integrated Power Projects (NIPP), has remained stalled primarily over unresolved community and wayleave compensation issues.
But, to ensure the completion of the project, NDPHC Managing Director/Chief Executive Officer, Jennifer Adighije, is now seeking the intervention of Akwa Ibom State Governor, Pastor Umo Eno, to clear the outstanding issues and enable the contractor, Anit Energy, to return to site.
Adighije made the appeal during a courtesy visit to the Governor in Uyo, Akwa Ibom State.
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She disclosed that the latest valuation of the outstanding wayleave obligations was slightly below N4 billion.
The NDPHC boss said the prolonged delay was particularly concerning because the contractor had reportedly completed about 90 per cent of the engineering, procurement and construction procurement for the project.
She added that substantial project materials, including conductors and tower members worth millions of dollars, had already been deployed along the project corridor between Adiasim and Ikot Ekpene, but were still lying across communities as the impasse persists.
“We are therefore pleading for your kind intervention as a shareholder and board member of the company,” Adighije told the governor.
According to her, resolving the outstanding community issues would allow the contractor to remobilise to site and bring the long-delayed project to completion.
NDPHC is now targeting May 29, 2027, for commissioning of the transmission line, subject to the successful resolution of the outstanding compensation and community challenges.
Adighije said NDPHC was keen to support the state’s development ambitions through its role as a major interventionist agency in Nigeria’s electricity sector.
“We want to be part of your ARISE Agenda,” she said, referring to the governor’s development programme.
She also welcomed the establishment of the Akwa Ibom State Electricity Regulatory Commission, saying NDPHC had commenced discussions with the commission on the development of appropriate electricity-market frameworks for the state.
According to her, officials of the commission had visited NDPHC and requested information on the company’s projects in Akwa Ibom, while a joint working group was being established to examine how the assets could be better utilised and electricity access extended to underserved communities.
Also speaking, NDPHC Executive Director, Strategy and Commercial, Mr. Patrick Obahiagbon, commended the Governor’s administration for its development initiatives across the state.
Responding, Governor Eno welcomed the NDPHC initiative and pledged to take the Ikot Abasi project before the State Executive Council for consideration. The governor said the state government would examine the outstanding issues and determine how it could intervene to facilitate the completion of the project.
Energy
Nigeria-Libya Gas Pipeline as FG Eyes New LNG Markets
There are indications that the Nigeria-Libya Gas Pipeline would go from the drawing board to reality, as it has emerged as a major option to help Nigeria break into new markets for her gas reserves.
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this at Gastech 2026 in Bangkok, Thailand, during a high-level engagement with global energy companies, investors and governments on expanding Nigeria’s gas production, infrastructure, domestic utilisation and export markets.
The renewed push for the Nigeria-Libya pipeline topped the agenda for the meeting between Ekpo and Libya’s Minister of Oil and Gas, Dr Khalifa Rajab Abdulsadek.
Under the proposed framework, Nigeria and Libya are expected to explore a Memorandum of Understanding (MoU) and establish a joint technical team to assess the feasibility, financing, infrastructure requirements, security considerations and commercial viability of the project.
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The NNPC Limited is expected to spearhead Nigeria’s participation in the bilateral initiative. If developed, the pipeline would provide another potential route for transporting Nigerian gas through North Africa to European markets, giving Nigeria an additional platform to monetise its gas resources beyond existing LNG channels.
According to Ekpo, the Federal Government was determined to create an investment environment capable of attracting the capital, technology and strategic partnerships required to convert the country’s gas reserves into economic growth, industrial development and jobs.
“Nigeria is open for business. We have put in place the right fiscal policies and operating environment, and the security of investors and their investments is guaranteed,” he said.
He revealed that the NNPC Limited would play a central role in translating Nigeria’s bilateral energy engagements into commercially viable projects, strategic investments and sustainable development.
The minister’s engagements also revealed plans by major industry players to significantly ramp up domestic gas production and infrastructure.





