Last mentioned: Mar 20, 2026
Deadline Expiry
Expiration of the warning period for government intervention to prevent fuel scarcity.
Legislative Alarm
House Committee warns of 48-hour window to fix supply gaps at Dangote Refinery.
Crude-for-Naira Launch
The federal government begins the sale of crude oil to local refineries in Naira.
PIA Enactment
President signs the Petroleum Industry Act to reform the oil and gas sector.
The House of Representatives has issued a 48-hour ultimatum to resolve crude supply deficits at the Dangote Refinery to prevent a national fuel crisis. Currently receiving only five of the 15 required monthly cargoes, the refinery's underperformance threatens to trigger immediate price hikes and widespread queues across Nigeria.
The Nigerian House of Representatives has issued a 48-hour ultimatum to resolve crude supply deficits at the Dangote Refinery, warning of imminent fuel queues and price hikes. Despite being entitled to 21 cargoes, the refinery is reportedly receiving only five, a shortfall that threatens national energy security.
The Nigerian House of Representatives has issued a 48-hour warning regarding imminent fuel shortages and price hikes across the country. The crisis stems from a severe shortfall in crude oil supply to the Dangote Refinery, which is currently receiving only five of its required 15 monthly cargoes.