Nigeria, Jan. 6 -- "There is no doubt that the coming into the market by Dangote Refinery will upend rules, traditions, and conventions as the industry has known it, as what Dangote has done in setting up such a massive refinery is to disrupt the industry within and without, at home and abroad. It would thus be naive on the part of the promoters of the Refinery to expect that other players whose livelihood and existence are now under threat will receive them with a bear hug." - Simbo Olorunfemi, 16 September, 2024

Whereas the Petroleum Industry Act, to my understanding, does not vest in the President the powers of a summary dismissal of the CEO or members of the board of the regulatory agencies listed under the PIA, except for circumstan...