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Is Dangote Refinery Too Powerful? World Bank Raises Red Flag

Posted

April 9, 2026

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The World Bank has raised concerns over growing dominance in Nigeria’s downstream oil sector, urging authorities to restore healthy competition in the petrol market.

With Dangote Refinery emerging as a major supplier, the debate intensifies: does this dominance improve efficiency and local supply, or risk limiting competition and pricing flexibility?

This discussion explores the potential impact on fuel prices, market dynamics, and Nigeria’s broader economic landscape.

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The World BankWith Dangote Refinery

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Is Dangote Refinery Too Powerful? World Bank Raises Red Flag · Channels Television · Sentinel