Nigeria is contemplating a significant shift in fuel pricing by potentially allowing Aliko Dangote's refinery to set gasoline prices, moving away from its previous model of importing and subsidizing fuel. However, Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry, clarified that the refinery cannot dictate petrol prices at filling stations, as that responsibility lies with the Nigerian National Petroleum Company Limited (NNPCL) and other marketers. Despite the refinery's operational start, securing a reliable supply of crude oil remains a challenge for NNPCL, impacting the immediate availability of refined petrol. Financial analyst Kalu Aja expressed skepticism about the refinery leading to lower petrol prices, emphasizing that without government subsidies on crude oil and exchange rates, prices may not decrease significantly. While the refinery's launch is seen as a potential game changer for Nigeria, it is unlikely to alleviate fuel scarcity or reduce costs without further structural changes. Overall, the future of petrol pricing in Nigeria remains uncertain as stakeholders navigate these complexities.