Energy retailers urge Nigeria to build fuel reserves amid fuel crisis

The move would undermine Africa’s richest man, Aliko Dangote, who says his 650,000 barrels-a-day refinery can meet Nigeria’s energy needs.

EnergySales of petrol and diesel rise even amid higher pricesIndia's so-called oil marketing companies run about 90,000 fuel retail outlets and often change prices in tandem, acting as proxies for the government to control retail fuel prices on the ground. (Source photos by Reuters)SOUMYAJIT SAHAJuly 31, 2026 22:34 JST