Nigeria Halts Gasoline Import Permits in a Win for Dangote

Nigeria halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called for the move.

Nearly all gasoline supplied domestically in February came from Dangote’s plant, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority shows. Oil marketing firms including a unit of TotalEnergies SE, Conoil Plc and MRS Nigeria Plc, which imported 38% of the nation’s gasoline in January, had their licenses suspended.