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₦100bn Lawsuit: Oil Sector Legal Drama Ends As Dangote Withdraws Case

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The Dangote Petroleum Refinery and Petrochemicals has decided to discontinue its ₦100 billion legal action against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPCL), and five other major petroleum marketers.

The suit, which was pending before the Federal High Court in Abuja, was officially withdrawn after Dangote’s legal team filed a notice of discontinuance.

Though the court documents confirm the case has been dropped, they offer no explanation for the refinery’s change of course, nor is it clear whether an out-of-court resolution was reached.

READ MORE: Dangote Describes Tinubu as a Listening President, with Pro-Private Sector Policies

Among the parties previously dragged into the lawsuit were AYM Shafa Limited, A. A. Rano Limited, Matrix Petroleum Services Limited, T. Time Petroleum Limited, and 2015 Petroleum Limited.

At the heart of the dispute was the allegation that the NMDPRA had been breaching the Petroleum Industry Act by issuing import licences to various marketers without proof of domestic supply shortfalls.

Dangote Refinery asked the court to declare this practice unlawful, arguing that “such licenses should only be issued when a petroleum product shortfall exists.”

The refinery further asserted that NMDPRA had failed in its regulatory duty by not promoting and supporting local refining capacity, claiming the agency “violates its statutory responsibilities under the Petroleum Industry Act (PIA) for not encouraging local refineries such as Dangote Refinery.”

In response, the defendants argued that the licensing process complied with legal provisions and was necessary to meet market demand.

They insisted that their operations were legitimate, highlighting that they were “fully qualified to receive an import licence from NMDPRA, under Section 317(9) of the PIA.”

The marketers also accused Dangote Refinery of attempting to corner the petroleum industry, stating that the company “seeks to monopolise the petroleum industry in Nigeria, where it alone would control supply, distribution, and pricing.”

Backing this claim, Idris Musa, a Senior Regulatory Officer at NMDPRA, stated in a counter-affidavit that Dangote’s refining output was insufficient to meet the country’s daily fuel demand.

“In line with Section 317(9) of the Petroleum Industry Act, NMDPRA issued import licences to companies with a track record of international products trading to bridge the supply gap,” he noted.

Musa further emphasized that the regulator’s mandate includes “promoting competition and preventing monopolies in the sector,” firmly denying any coordinated attempt to sabotage Dangote’s operations.

The legal back-and-forth also featured procedural complications.

In December 2024, Dangote Refinery moved to amend the suit to correct a naming error, replacing “Nigeria National Petroleum Corporation Limited” with the correct entity, “Nigerian National Petroleum Company Limited.”

NNPCL responded with a preliminary objection, calling the suit “incompetent” due to the misidentification.

However, Justice Inyang Ekwo dismissed the objection on March 18, 2025, ruling that the error did not invalidate the suit.

He maintained that “the defendants should have responded to the substantive claims before raising procedural objections.”

 

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Political Earthquake Brewing? Peter Obi, Bala Mohammed in Closed-Door Talks

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Former Labour Party presidential candidate in the 2023 general election, Peter Obi, on Thursday visited Bauchi State for a closed-door meeting with Governor Bala Mohammed amid growing political realignments in the country.

Obi, who is also a chieftain of the African Democratic Congress (ADC) opposition coalition, arrived at the Bauchi State Government House where he proceeded to a private meeting with the governor at the Presidential Lounge.

SEE MORE: PDP Chieftain Explains Why Peter Obi Could Restore National Hope in Nigeria

The purpose of the visit was not immediately known as both politicians held discussions behind closed doors.

Details of the meeting remained undisclosed at the time of filing this report.

However, sources within the Government House suggested that the meeting may be connected to recent political developments and possible alignments ahead of future elections, though this could not be independently verified.

Both leaders are expected to brief journalists after the meeting concludes.
Governor Bala Mohammed, who serves as Chairman of the Peoples Democratic Party (PDP) Governors’ Forum, has recently been at the center of political speculation regarding his party allegiance.

On March 31, he reportedly hinted at a possible political shift during a meeting with a delegation of the African Democratic Congress led by former Secretary to the Government of the Federation, Babachir Lawal, at the Government House in Bauchi.

However, his political engagements appeared to take a different turn shortly after, as he also hosted the National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, alongside Kano State Governor, Abba Yusuf, on April 1 at the same venue.

The latest meeting with Obi has further intensified speculation about ongoing political consultations and possible future alignments among key political actors.

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JUST IN: Nigeria’s Debt Profile Set to Rise as Tinubu Requests Fresh $516m Foreign Loan

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President Bola Tinubu has requested the approval of the Senate for a fresh external borrowing of $516.33 million, in a move that is expected to further raise concerns over Nigeria’s growing debt profile.

The request was contained in a letter addressed to the President of the Senate, Godswill Akpabio, and was read during plenary on Thursday at the National Assembly.

READ MORE: WC 2026: Don’t Go Into Debt to Support Scotland, Coach Warns Fans

According to the letter, the proposed loan is to be sourced from Deutsche Bank and will be used to finance a key infrastructure component under the government’s already approved borrowing programme—the Sokoto–Badagry Super Highway project, a major road corridor designed to enhance connectivity across the country.

President Tinubu, in the request, urged the Senate to give the proposal expedited consideration and approval, stressing the importance of the project to national infrastructure development and economic growth.

Following the reading of the letter, Senate President Akpabio referred the request to the Senate Committee on Local and Foreign Debts, directing the committee to examine the proposal and submit its report within one week.

The latest borrowing request comes amid ongoing national debates over Nigeria’s debt sustainability, as the federal government continues to rely on external loans to fund large-scale infrastructure projects.

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Shock as Court Rejects El-Rufai’s Bail Application, Orders Continued Detention

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A Kaduna State High Court has rejected the bail application filed by former Kaduna State Governor, Nasir El-Rufai, ordering that he remain in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) pending the determination of his trial.

The ruling was delivered by Justice D.H. Khobo, who held that the seriousness of the allegations against the former governor, as well as concerns over possible interference with ongoing investigations, made the grant of bail inappropriate at this stage.

ALSO READ: Pastor Bakare, El Rufai Devastated by PMB’s Failure

El-Rufai had approached the court seeking release on bail pending trial over a nine-count charge filed by the Federal Government through the Independent Corrupt Practices and Other Related Offences Commission.

He argued that the offences were not capital in nature and that he posed no flight risk, citing his community ties, fixed residences, and willingness to cooperate with investigators.

He also told the court that he voluntarily returned to Nigeria to honour official invitations and challenged the validity of the charges, describing them as defective.

Additionally, he raised health concerns, requesting bail on medical grounds.

However, the prosecution opposed the application, insisting that the alleged offences were serious and economically damaging, with a likelihood that the defendant could interfere with witnesses and ongoing investigations.

In his ruling, Justice Khobo held that the gravity of the charges and the risk of interference outweighed the arguments for bail.

The court also ruled that insufficient medical evidence had been provided to justify release on health grounds.

The judge therefore ordered that El-Rufai remain in ICPC custody and directed that the trial proceed on an accelerated basis, fixing early hearing dates for the case.

The former governor will remain detained as proceedings continue in the high-profile corruption trial.

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