Nigerian Court Orders Fuel Import Licences
A Nigerian court has ordered the petroleum regulator to keep issuing fuel import licences to three marketing firms. The judge stated that any refusal would violate the Petroleum Industry Act.
A federal court in Nigeria ordered the downstream petroleum regulator to keep issuing fuel import licences to three oil marketing firms, protecting over $20B in infrastructure investments. The ruling delivered on Monday morning ensures continued market access for independent distributors operating across the country.
