Tinubu’s Fuel Import Duty Sparks Controversy Over Dangote Refinery Advantage

By Diafa Doubra,

The federal government’s approval of a 15 percent import duty on petrol and diesel has sparked widespread debate among stakeholders, with many accusing President Bola Tinubu’s administration of creating an unfair advantage for the Dangote Refinery over independent fuel marketers.

According to a classified government memo obtained by reporters, the new import duty approved quietly by the Ministry of Finance will significantly raise operational costs for independent importers who rely on international supplies. In contrast, the Dangote Refinery, which sources its crude locally and benefits from certain tax concessions, will not be affected to the same extent.

Critics argue that the move undermines fair competition and could lead to a monopoly in Nigeria’s downstream oil sector, potentially pushing pump prices higher. However, government officials have defended the policy, insisting it is aimed at encouraging local refining and reducing dependency on imported fuel.

Energy analysts have urged the government to ensure transparency in policy implementation, warning that favouring one player could discourage private investment and distort the fuel market.

The new duty comes amid ongoing fuel scarcity in several states and growing public frustration over rising costs of living.