@spearhead_af: Is the West Trying to Stop Dangote’s East Africa Refinery? In April 2026, under a hail of backlash from Nigeria, the World Bank deleted a policy report where it recommended that Nigeria re-open its market to petroleum imports, despite hosting the world's largest single train refinery in Lagos. The report justified this recommendation by claiming that Nigerian businessman Aliko Dangote now holds a monopoly on fuel in Nigeria. The question, as succinctly outlined by this Nigerian commentator, is why did over 60 years of European corporate control of Nigeria's refined petroleum market not raise the same concerns about "monopoly"? Why does "monopoly" only become an issue when Africans seize control of their own resources from European and US corporate interests? This question has taken on even more significance as Africa’s wealthiest businessman prepares to break ground on a $15.5-billion petroleum refinery project on Kenya’s Indian Ocean coast. What do you make of all this? Drop us a comment. Follow us: @spearhead_af Video credit: @iswellthecapitalist #Dangote #Nigeria #refinery #monopoly

The Spearhead
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Wednesday 19 August 2026 14:48:10 GMT
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chairperson_of_enjoyment
Minister of Enjoyment 🦅 :
I support Dangote. He’s God’s sent
2026-08-20 07:56:07
388
_potterz
Potterz :
Make Dangote be monopoly we don’t mind
2026-08-20 16:47:51
193
sibusiso.dlamini190
SIBUSISO DLAMINI :
The government of Nigeria should protect Dangote and let's hope they won't sell him out
2026-08-19 14:59:45
67
foret_eventcenter_lounge
Foret Lounge :
Imagine telling Nigeria to stop the monopoly by bringing back importation of fuel instead of rehabilitating Nigerian refineries…lol. This people never want us to grow
2026-08-20 05:45:07
111
biggest_ozie
BIGGEST_OZIE 🦅 :
I'm planning to build my own refinery too.... watch and see 20³0
2026-08-19 21:41:32
152
paulojdennis
paulo :
dangote too is not even making it easy for Nigeria despite the fact they refined de oil in Nigeria here,when we refine the oil abroad is cheaper than when dangote is refining the oil here in Nigeria,they are all greed both our own dangote and others agains
2026-08-20 07:38:56
15
brempko
brempko :
Aren’t we fools to play their games for 500 years ?
2026-08-19 18:39:19
60
christafanso
Christa Fannso :
The sooner we open our eyes and stand together as Africa, the better for us
2026-08-19 21:53:49
66
user775029781
Patrick :
Let Dangote be monopoly.. I prefer it
2026-08-19 22:12:18
29
juvenilemirage
Diamondback :
If them wan bring competition then fix local refineries
2026-08-19 16:21:02
67
jamezy19
JAMEZY19 :
I think they're right at some point cause look at cement price skyrocket because dangote control highest percentage of it
2026-08-20 06:00:39
11
hakeemhk46
Hakeemhk :
if they dont want dangote's monopoly, they can bring their money to build another refinery in Nigeria, there's space for them to compete with dangote
2026-08-19 22:44:57
7
cyril_ufua
Cyril :
No, the real question should be, why is only dangote the one trying to make Africa independent? Where are other wealthy Africans who are capable of building refineries?
2026-08-19 20:55:54
0
blaq_betty
Blaq betty :
They want Africans to see shege sooo bad
2026-08-20 05:58:08
19
abdulazeez_ishola
Zeez0909 :
I think 🤔 One of the major problem Africa has is the white government
2026-08-20 00:14:21
7
favour_chris22
Favour Chris :
they know what they are doing these Europe ehhh
2026-08-19 19:29:47
15
habeebeddy001
EDDY :
so they can't advise Nigeria to build it's own refinery, the best advice they could give is to start importation, hmm!
2026-08-19 15:19:32
12
jamezy19
JAMEZY19 :
dangote is a savior he's a business man
2026-08-20 06:01:29
13
markoh_lee
Márkòh_Lèé :
Unfortunately for them, there's now internet. And we are now aware of what's happening exactly.
2026-08-20 10:20:22
8
wagini0011
Mubarak :
Building national refinery is a crime on their policy that our past leaders pays with Supreme price. they won't allow that but antagonizing dangote on african economic liberation is their concerned. imagine this era of middle east wars without refinery!! We choose monopoly over dependence
2026-08-19 15:48:32
11
.henry63
~ØŁÃĶ~Henry :
they are racist
2026-08-20 12:01:15
6
redflowerfabrics
RedFlower Fabrics :
Yes. I agree with you completely. Whilst monopoly is an issue that we need to keep an eye on, it’s also ironic that it’s now that WB suddenly understands what the word means.
2026-08-19 17:17:54
5
jefftseen
Jeff Tseen🕊 :
But fuel price now that we have the refinery in Nigeria is worse than how we use to buy it before
2026-08-21 18:42:19
1
edisamjoe
Edisam Joe :
but as Dangote dey refine am,we are buying even more expensive....how about that ?
2026-08-23 10:04:37
0
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