“Dangote Calls for End to Fuel Subsidies, Citing 60% Price Gap with Neighboring Countries”

Aliko Dangote, founder of Dangote Petroleum Refinery, has urged the Nigerian government to end fuel subsidies, calling them unsustainable and a burden on public funds. He noted that Nigeria’s fuel prices are about 60% lower than neighboring countries, leading to excessive spending. Dangote also stated that production from his refinery will help stabilize the naira and improve transparency in fuel consumption.