The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that the newly announced gantry price for aviation fuel by the Dangote Refinery will help stabilise the market and encourage compliance among fuel marketers. Speaking in Abuja, the agency’s Director of Public Affairs, George Ene-Ita, explained that the pricing move would support ongoing regulatory…
President Bola Ahmed Tinubu has nominated former Rivers South-East Senator, Magnus Abe, as Chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), alongside 20 other nominees to serve on the boards of Nigeria’s two key petroleum regulatory agencies. The President conveyed the nominations in separate letters to the Senate on Monday, seeking expedited confirmation for…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the daily supply of Premium Motor Spirit (PMS), commonly known as petrol, rose sharply to 71.5 million litres per day in November 2025, up from 46 million litres per day in October. According to the November 2025 fact sheet released by the authority…
The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has urged caution over sweeping allegations of sabotage in the oil and gas sector, stressing that such claims should be carefully examined and addressed through strong institutions rather than personal accusations. Osifo made the remarks during an interview with…
The Senate is expected to confirm on Friday President Bola Tinubu’s nominees to head Nigeria’s two key petroleum regulatory agencies following their screening on Thursday by the Committee of the Whole. The nominees are Engineer Saidu Muhammad, designated as Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Oritsemeyiwa Amanorisewo…
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has defended himself against allegations by industrialist Aliko Dangote regarding the funding of his children’s education in Switzerland, stating that claims of illicit spending ignore verifiable financial facts and the nature of his role as an independent regulator….
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed receipt of a petition filed by Aliko Dangote, Chairman of the Dangote Group, against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, and has pledged to investigate the allegations. Dangote submitted the petition on Tuesday, December…
The House of Representatives Committee on Petroleum Resources (Midstream) has called for urgent legislative intervention in the ongoing dispute between the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Dangote Refinery, warning that a prolonged standoff could spark an energy crisis with serious consequences for the economy. The committee made the call on…
The House of Representatives Joint Committee on Petroleum Resources (Downstream and Midstream) has stepped in to douse rising tensions in Nigeria’s downstream petroleum sector following public allegations and counter-allegations involving the Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The joint committee has summoned the leadership of both parties to appear…
The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify monitoring of Liquefied Petroleum Gas (LPG) depots nationwide to curb hoarding and sharp practices amid rising prices. The directive was issued by the Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, in a statement on Monday through…
