The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Government to design fuel pricing and import policies that support Nigeria’s local refineries, especially the Dangote Refinery. According to the group, doing so will help reduce the cost of fuel, improve energy security, and strengthen the local economy.

CPPE said that allowing cheaper imported fuel to flood the market could discourage investment in domestic refining. It warned that if local refineries cannot compete fairly, Nigeria risks returning to full dependence on fuel imports, which would expose the country to foreign exchange pressure and supply shocks.

The organisation noted that the Dangote Refinery and other emerging refineries represent huge private investments that can create jobs, save foreign exchange, and stabilise fuel supply. Supporting them, CPPE argued, is not about creating monopolies but about protecting strategic national assets.

CPPE therefore called on the government to balance consumer protection with industrial growth. It urged authorities to create policies that encourage competition among local producers while ensuring fuel remains affordable for Nigerians in the long run.