Senior Advocate of Nigeria, Femi Falana, has raised concerns over Nigeria’s growing reliance on the Dangote Refinery for domestic fuel supply.
Falana questioned the country’s energy management strategy while commenting on global oil market tensions and their impact on the Nigerian economy.
According to Falana, the Nigerian National Petroleum Company Limited now appears to depend largely on Dangote Refinery for refined petroleum products.
He asked whether relying heavily on a single refinery is a sustainable strategy for a major oil-producing country.
Falana also highlighted the billions of dollars spent on maintaining Nigeria’s state-owned refineries.
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He said about $2.9 billion was reportedly spent on the maintenance of the country’s four refineries.
However, he noted that the facilities have yet to operate at full capacity.
The senior lawyer also asked how much crude oil the government allocates to Dangote Refinery for processing.
He stressed that transparency in crude supply arrangements is important for public accountability.
Falana made the remarks while discussing the wider economic implications of rising global tensions in the Middle East.
