Tag: NMDPRA

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Judge cites need to curb market dominance   The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing and renewing petroleum products import licences for Matrix Energy, A.A. Rano and AYM Shafa, subject to the companies fulfilling all statutory and regulatory requirements. Justice Inyang Ekwo …

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Nigeria is targeting the transition to a fully deregulated domestic gas market by September 2028, with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) moving to establish measurable conditions for a willing-buyer, willing-seller framework. The NMDPRA Chief Executive, Mallam Rabiu Umar, disclosed this at the Decade of Gas Market Maturity Workshop, where he said …

Nigeria is targeting the transition to a fully deregulated domestic gas market by September 2028, with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) moving to establish measurable conditions for a willing-buyer, willing-seller framework.

The Petroleum Retail Outlets Owners Association of Nigeria (PETROAN) has ordered its members nationwide to immediately inspect, calibrate and verify their fuel dispensing pumps and totalizers following a directive by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over alleged under-dispensing of petroleum products. The association said the regulator had intensified inspections and enforcement …

Global crude oil prices have continued to decline, with Brent, the international benchmark, briefly selling at $70 before rising slightly to $71.57 per barrel on Wednesday, July 2, 2026.  

Nigeria's domestic supply of Premium Motor Spirit (PMS), also known as petrol, recovered in August 2026, while imports dropped by 26 per cent.  This was primarily driven by the Dangote Refinery operating above capacity. According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) data, domestic petrol receipts rose 39 per cent month-on-month from …

Petrol Prices Drop in Abuja After Nigeria Suspends 15% Import Duty

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced moves to strengthen competition in Nigeria’s petroleum industry with a new regulatory framework targeting cartels, market dominance and other anti-competitive practices. The Authority disclosed this at a stakeholders’ consultation on the draft Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026, …

NMDPRA Moves to Curb Anti-competitive Practices in Oil Sector

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has threatened to sanction fuel stations found to be cheating consumers by under-dispensing petroleum products. NMDPRA said the sanctions will include revocation of licences of retail outlet operators found to be under-dispensing petroleum products to consumers. The Authority, in an industry circular released on Tuesday, said …

NMDPRA Threatens to Revoke Fuel Station License Over Cheating Consumers

The downstream regulator says it does not fix prices of petroleum products under the Petroleum Industry Act    The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has intensified surveillance along Nigeria’s border corridors to curb petrol smuggling and illegal cross-border diversion as rising Premium Motor Spirit (petrol) prices deepen pressure on households, transport operators …

NMDPRA Threatens to Sanction Oil and Gas Firms Operating without Permits

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MoU) to collaborate in promoting competition, transparency and consumer protection in Nigeria’s petroleum industry. According to a statement by the NMDPRA, the agreement signed in Abuja on Thursday, 10 September 2026, …

“We don't collect gas flare penalties, NUPRC does, says downstream regulator, requests review by Auditor-General   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has rejected findings in the Office of the Auditor-General of the Federation’s 2023/2024 Annual Report alleging under-remittance of gas flare penalty revenues to the Midstream and Downstream Gas Infrastructure Fund …

NMDPRA Threatens to Sanction Oil and Gas Firms Operating without Permits

There are concerns that Nigeria's progress toward becoming a refining hub and achieving energy self-sufficiency has come under threat as domestic crude supply shortages have led to a surge in imports in recent months. While domestic production of refined petroleum products has surged over the past two years, a sharp drop in local crude supply …

Oil Workers' Strike Cuts Production In September - NUPRC

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