Economy

“Matrix Energy, AA Rano, AYM Shafa Seek Joinder In Dangote’s ₦100bn Import Licence Suit” — Allege Monopoly Bid, Warn Of Economic Impact

Dangote Industries Limited DIL

Three major oil marketers Matrix Energy, AA Rano and AYM Shafa have applied to be joined as defendants in the fresh lawsuit filed by Dangote Petroleum Refinery seeking to invalidate petroleum-product import licences and recover ₦100 billion in damages.

The application is contained in a Motion on Notice dated June 16, 2026, filed before the Federal High Court in Lagos by their lawyers, Ahmed Raji, SAN, and Sir Chris Ekemezie.

Dangote Refinery instituted the action against the Attorney-General of the Federation, asking the court to nullify all petroleum import licences issued or renewed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority where there is no shortfall in domestic supply.

The refinery is also seeking an order sealing tank farms, storage facilities, warehouses and filling stations used by licence holders to store imported petroleum products in circumstances where local production is sufficient to meet national demand.

Matrix Energy, AA Rano and AYM Shafa asked the court to join them as necessary parties, arguing that the suit could not be fairly and conclusively determined without hearing from companies directly affected by the reliefs sought.

The marketers maintained that they and other licensed operators had invested more than $20 billion in infrastructure, logistics and retail networks supporting the importation and distribution of petroleum products across Nigeria.

They said they had operated under licences issued by the NMDPRA for more than two decades, long before Dangote Refinery entered the downstream petroleum sector.

According to the applicants, any order invalidating their licences, sealing their facilities or preventing them from importing products would directly affect their businesses, workers and investments.

The three companies alleged that Dangote Refinery had, since commencing operations, consistently pushed for the termination of petroleum-product imports into Nigeria.

They cited calls by the President of Dangote Group, Aliko Dangote, for refined petroleum products to be included among items restricted under the Federal Government’s “Nigeria First” policy.

The marketers argued that the fresh suit was intended to force competing businesses out of the downstream market and establish a monopoly allegedly prohibited by the Petroleum Industry Act.

They warned that granting the refinery’s prayers could have far-reaching consequences for their employees, the petroleum industry and the Nigerian economy.

The applicants also asked the court to hold that the fresh action constituted an abuse of court process because of an earlier import-licence suit instituted by Dangote Refinery.

Court documents reportedly showed that Dangote Refinery had, in April 2026, filed an ex parte application seeking an interim injunction restraining the AGF, NMDPRA, Nigerian Upstream Petroleum Regulatory Commission and Nigerian National Petroleum Company Limited from issuing or renewing petroleum-product import licences pending the determination of its substantive application.

Justice C.J. Aneke, however, directed the parties to maintain the status quo pending the determination of the Motion on Notice filed alongside the ex parte application.

Dangote Refinery subsequently accused the NMDPRA of continuing to issue import licences despite the subsisting order, describing the action as an active breach of the court’s directive.

The matter has been adjourned until October 7, 2026.

Dangote Refinery argued that the continued issuance of import licences violated Nigerian law because petroleum products should only be imported when domestic production is insufficient to satisfy national demand.

The suit followed regulatory figures indicating that Nigeria’s dependence on imported petrol declined significantly in the first quarter of 2026 as production from domestic refineries increased.

Petrol imports reportedly fell to approximately 965.52 million litres in the first quarter of 2026, compared with about 2.43 billion litres during the corresponding period of 2025, representing a year-on-year reduction of 60.2 per cent.