New Petrol Import Licences Could Invite Substandard Fuel, Undermine Local Refineries
The Nigerian petroleum regulator’s decision to resume petrol import licences has drawn criticism from industry advocates. They warn this move risks weakening domestic refining efforts and exposing the market to low-quality fuel. In a statement, the Energy Transparency and Market Justice Initiative described the policy reversal as a threat to recent gains in local supply. They argue that emergency imports without strict quality checks could open the floodgates to substandard products. Dr. Salako Kareem urged the regulator to focus on strengthening domestic logistics and distribution. He said oscillating between import bans and import approvals creates uncertainty and discourages long-term investment in local refineries. The group called for full transparency on licence criteria and stronger safeguards to protect consumers. They stressed that sustainable solutions lie in boosting local production and enforcing rigorous quality standards.
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