Despite being Africa’s largest oil producer, Nigeria has long depended on fuel imports due to its four state-owned refineries falling into disrepair. As a result, the government has been paying hefty subsidy for decades to keep fuel prices artificially low for its citizens when it imports. Aliko Dangote believes it is the right time for Nigeria to end its fuel subsidy, as the production from his refinery will ease the pressure on the country’s weakened currency.Nigeria, despite being Africa’s largest oil producer, has long depended on fuel imports due to state-owned refineries falling into dis…