Al Jazeera's analysis highlights that Nigeria's Dangote Petroleum Refinery, which recently held its IPO and expanded crude-processing capacity to 700,000 barrels per day, has significantly reduced the country's petrol imports from 400,000 bpd in 2024 to 83,000 bpd this year. However, despite this domestic refining expansion, fuel prices have surged from about 185 naira ($0.14) to over 1,000 naira ($0.75) per litre. The report suggests that market concentration, coupled with the removal of fuel subsidies, is preventing common Nigerians from benefiting from the "refining revolution," leading to public disputes and concerns over economic independence.