Dangote Petroleum Refinery and Petrochemicals has officially withdrawn its lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPCL), and five other petroleum companies.
The case, filed at the Federal High Court Abuja, sought ₦100 billion in damages and challenged NMDPRA’s issuance of import licenses to certain marketers, alleging violations of the Petroleum Industry Act and claiming that such licenses should only be granted to address shortfalls.
The refinery, argued that NMDPRA’s actions favored imports over local refining, particularly criticizing NMDPRA’s support for import licenses to companies like NNPC Ltd and others. However, Counterclaims from the marketers emphasized the importance of competition and their qualification to receive licenses, asserting that Dangote Refinery’s production does not meet Nigeria’s daily consumption needs. While the court previously dismissed a procedural objection regarding a misnamed defendant, allowing the case to proceed, the reasons for the lawsuit’s discontinuation remain undisclosed.
Leave a Reply