Presidential Technical Committee on the Crude-for-Naira initiative

government

Last mentioned: Mar 20, 2026

Stories mentioning Presidential Technical Committee on the Crude-for-Naira initiative 1

regulation Bearish

Nigeria Faces Imminent Fuel Scarcity as Dangote Refinery Supply Gaps Worsen

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.

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