A petroleum engineering expert, Izielen Agbon, has said Aliko Dangote and his Dangote Refinery are aiming to control the entire oil sector in Nigeria.
Agbon said this after Dangote Refinery unveiled new trucks to enable the distribution of oil to different parts of the country.
The decision has led to an outcry from independent marketers, who lament that Dangote is trying to push them out of the market.
Speaking to News Central, he said, "Dangote is an oligopolist, he strives towards monopoly control, he wants to take control of all the oil sector, the downstream sector. But now this cabal is fighting him by giving cheap petrol to these marketers. So, Dangote decides: Instead of me selling petrol at the refinery gate in Lagos, I'm going to build my own fueling stations across the nation so that I control all the distribution and marketing, because if I do that, I can sell petrol to Nigerians below the price of the importer and therefore drive them out of the market."
He said it is either the markets leave now or witness Dangote buy a lot of filling stations across the country, or make them become Dangote affiliates.
"Or they go back to the National Assembly to pass a law to say Dangote cannot control more than 50 per cent of filling stations in Nigeria," he said.
ASA