The Federal Competition and Consumer Protection Commission (FCCPC) has taken steps to involve itself in the ongoing N100 billion import license lawsuit involving Dangote Petroleum Refinery and Petrochemicals FZE. The FCCPC has appealed a decision made by the Federal High Court that previously excluded the Commission from the case. The appeal, filed with the Court of Appeal in Abuja, seeks to have the FCCPC added as a defendant in the litigation.
The case pertains to challenges surrounding Dangote’s import license, which may have significant implications for Nigeria’s oil and petrochemical industry. As the regulatory body tasked with ensuring fair competition and consumer protection in the country, the FCCPC’s involvement could impact the case’s outcome. The Commission’s move reflects its commitment to assert its jurisdictional authority in matters relating to competitive practices and market fairness. Further details on the proceedings and potential ramifications of the appeal are awaited as the case progresses through the judicial system.
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