Which refineries will qualify for subsidy support, and how will spending be tracked and disclosed?
Only refineries that refine crude here in Nigeria qualify: Dangote, modular refineries, and other licensed public and private domestic refiners. If you don't refine in Nigeria, you don't qualify: no subsidy for importers or middlemen. Support is paid only on verified output, measured by digital meters at refinery gates. You'll know exactly how many barrels receive support, which refinery gets them, what's produced, and what it costs, published monthly on an open portal. No mystery barrels, no blank cheques, and a clear sunset clause once demand is met.
Where this comes from
p. 7 Introduction Atiku Abubakar: Answers to questions from the public 2026-10-02 ›
Q41: How will you ensure that any subsidy reaches consumers rather than becoming additional profit for refinery owners, being diverted, or being abused through corruption and false claims? Answer: Subsidies will be paid only on verified volume output measured by digital meters at refinery gates, backed by end-to-end supply chain tracking to prevent false claims and smuggling. Q42: Which refineries would qualify for the subsidy, how will Nigerians know how much government is spending, and what mechanisms will ensure transparency? Answer: All licensed public and private domestic refineries qualify. Transparency is guaranteed through monthly public reporting of crude allocations, refined outputs, and subsidy payouts on an open portal. Q43: How long would the subsidy last, and what conditions would determine when it should be reduced or ended? Answer: My policy includes a clear sunset clause, gradually unwinding the subsidy as domestic refining meets 100% of national demand, foreign exchange stabilizes, and consumer incomes rise.