Stakeholders, including energy experts, economists, and Nigerian workers, have raised alarm over the suspension of petrol imports by the Federal Government, urging urgent price regulation as Dangote Petroleum Refinery takes command of Nigeria’s N14.4tn petrol market, signaling a major shake-up in the nation’s energy sector. On Wednesday, The PUNCH reported …
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THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says there are no subsidies in the oil and gas sector as Nigeria operates a completely deregulated market. Mr George Ene-Ita, the Director, Public Affairs Department, NMDPRA, made this known to the News Agency of Nigeria (NAN) in Abuja on Friday. …
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THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported a significant decline in fuel consumption for June 2025, with total fuel evacuation falling to 1.44 billion litres. The Director of Public Affairs, NMDPRA, George Ene-Ita confirmed in a report on Wednesday that daily fuel consumption had averaged 48 …
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THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for the creation of a regional oil pricing benchmark for West Africa. The aim is to reflect the region’s unique market dynamics and reduce dependence on foreign pricing templates. Mr Farouk Ahmed, the Authority Chief Executive, made the call …
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THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in conjunction with the Securities and Exchange Commission (SEC) has issued licences to JEX Market to establish and operate a Gas Clearing House and Settlement Authorisation Platform. This marks one of the most strategic collaborations between government agencies. THE CONCLAVE reports …
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THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has launched a campaign to reduce petroleum tanker accidents on highways across the country. The Southwest campaign was flagged off on Wednesday at the Dangote Refinery Depot, Lagos, by NMDPRA Chief Executive, Mr Ahmed Farouk, represented by Dr Mustapha Lamorde. Farouk …
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MEMBERS of the House of Representatives on Thursday described the recent call by Hon. Philip Agbese for the removal of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari and the Chief Executive of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA), as …
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THE House of Representatives has said that it would investigate the ongoing spat between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The investigation would also include the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian National Petroleum Company Ltd (NNPCL). Rep. Philip Agbese, …
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President Bola Ahmed Tinubu has been asked to sack the chief executive and to reorganise the hierarchy of Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to infuse patriotism, independence and neutrality. HURIWA, which made the call, insisted that the hierarchy of the NMDPRA had lost the ethical and neutral …
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Northern youths under the aegis of the Arewa Youth Alliance for Development, on Monday, expressed concern over the lingering fuel scarcity in the country. The youth noted that the scarcity, which started manifesting following the alleged importation of fuel with methanol above the national threshold, had led to the resurgence …
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