NMDPRA
Fuel Dealers Kick Against NMDPRA Plan
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is facing mounting opposition from fuel marketers over its newly proposed regulations that would govern the abandonment and decommissioning of fuel retail outlets across the country. The draft regulation, unveiled at the Stakeholders’ Consultation Forum on the Proposed Midstream and Downstream Petroleum Safety and Environmental Regulations […]
Dangote Drops Lawsuit Over Fuel Import Permits
In a significant legal development, Dangote Petroleum Refinery and Petrochemicals has formally withdrawn its lawsuit challenging the issuance of fuel import licences by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to the Nigerian National Petroleum Company Limited (NNPCL) and several independent oil marketers. The notice of discontinuance, filed at the Federal High Court […]
West Africa Imports 69% Petrol Despite Refinery Surge – NMDPRA
Despite significant investments in refining infrastructure across West Africa, the region continues to rely heavily on imported petroleum products, with nearly 69 per cent of its gasoline supply sourced from overseas markets. This was disclosed by the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the Global Commodity […]
FG to Convene National Petrol Pricing Summit in July
The Federal Government has officially scheduled a two-day national petrol pricing summit for July 23 and 24, 2025. The event, to be hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), aims to forge a clear path toward price transparency, feedstock adequacy, and energy stability in the post-subsidy market. The summit is coming […]
Israel-Iran Tensions Trigger Fuel Price Surge, PENGASSAN Raises Alarm
As tensions between Israel and Iran escalate, Nigeria faces yet another surge in petrol prices, sending ripples through the already strained economy. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has accused petroleum marketers of exploiting the situation to hike pump prices beyond reasonable limits, calling on regulatory agencies to act swiftly. […]
Nigeria to Spend N880bn Annually on Road Maintenance – FG
the House of Representatives on Monday, the Federal Government announced that an estimated N880 billion is required annually to adequately maintain Nigeria’s sprawling network of federal roads. This figure, revealed by the Minister of State for Works, Mohammed Goroyo, highlights a deepening infrastructure challenge facing the nation and exposes systemic failures in implementing a crucial […]
Marketers Spend N2.4tn on Petrol Imports to Counter Dangote Output
A fresh round of competition has intensified in Nigeria’s downstream petroleum sector as independent marketers reportedly imported petrol worth over N2.4 trillion in just 70 days, even as the Dangote Refinery increases its domestic supply capacity. According to an exclusive analysis of midstream and downstream import records obtained by ireport247news.com, petroleum marketers imported 2.57 billion […]
Unpaid Debts: IPMAN Plans Nationwide Strike
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has given the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) a seven-day ultimatum to pay outstanding bridging claims totaling N100bn. Failure to meet this deadline may lead to a nationwide strike, potentially causing scarcity of Premium Motor Spirit (PMS). IPMAN’s threat comes after the NMDPRA failed […]
From March 1, NMDPRA Bans Above 60,000ml Petrol Trucks.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) banned trucks carrying above 60,000 liters of hydrocarbon products from loading depots on March 1, 2025. No vehicle carrying more than 45,000 litres of petroleum products will be allowed to load from depots starting in Q4 2025. A briefing in Abuja by Executive Director, Distribution System, […]