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NMDPRA

West Africa Still Imports 69% Of Petrol Despite Domestic Refining Rise – NMDPRA

Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has revealed that West Africa continues to rely heavily on imported fuel, with nearly 70 percent of its gasoline sourced from overseas markets despite recent expansions in regional

July 22, 2025

Business·Oil & Gas

NMDPRA Enabled $1.2bn Investments In Modular Refineries – DAPPMAN

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has applauded the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for modernizing licensing processes, which it said have attracted $1.2 billion in investments in modular refineries since 2022. In a statement, signed by

July 15, 2025

petrol tankers along Oshodi Apapa Expressway

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Nigerian Govt To Bar 60,000-litre Fuel Tankers From Roads March 1

The Nigeria government has declared plans to ban 60,000-litre fuel tankers from plying the roads starting from 1st March 2025. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced this on Wednesday, 19th February 2025. Ogbugo Ukoha, NMDPRA Executive Director, Distribution

February 20, 2025

Why We Resort To Importing Crude From U.S. – Dangote

Business·News·Oil & Gas

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has refuted allegations by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the refinery is producing inferior quality diesel. Dangote, who spoke with newsmen on Saturday, insisted that products from the

July 21, 2024

Oil & Gas

Disorganized Gas Sector In Nigeria

Nigeria has over 209.5 trillion cubic feet of natural gas reserves based on the estimates of 2022, the largest natural gas reserves in Africa, which accounts for 33% of total gas reserves in the continent. In addition to this volume, the Nigerian

June 10, 2024

Business·Markets·News

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reinforced its stance that it will not intervene in determining the prices of petroleum products from the Dangote Refinery once it becomes fully operational. This statement came from Farouk Ahmed, Chief Executive

May 15, 2024

Fuel Scarcity: I'm Sorry, Buhari Tells Nigerians

Business·Oil & Gas

Nigerian Petrol Regulator Addresses Fuel Price Hike, As Litre Sells For N250

Despite filling stations selling Premium Motor Spirit (PMS) between N230 and N250, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said the government has no intention of increasing fuel price. Checks by Prime Business Africa had shown that petrol stations

December 1, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

News·Oil & Gas

NNPC May Spend N201 Billion To Clean Up Dirty Fuel

To clean up the 170.25 million litres of methanol-laden premium motor spirit (PMS) imported into the country, the Nigerian National Petroleum Company (NNPC) may need as much as N201 billion, an equivalent of some $480.8 million in conservative exchange rate. The Chief

February 11, 2022

Oil & Gas

NMDPRA Confirms Supply Of Petrol With Methanol Above Specification

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed petrol, with methanol quantities above Nigeria’s specification. NMDPRA disclosed this in a statement issued on Tuesday confirming concerns by Nigerians and other stakeholders over the importation of crude above Nigeria’s grade to the

February 8, 2022

Silver Slides as Investors Lock in Profits Amid Receding Fears

The pullback comes as broader risk appetite improved, fueled by

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

Takaichi's historic election as Japan's first female leader has given

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The move follows UK market entry and launch of digital

‘Rare Earths ‘Arms Race’ Will Define 2026’

The global scramble for rare earths and other critical minerals

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NMDPRA

West Africa Still Imports 69% Of Petrol Despite Domestic Refining Rise – NMDPRA

NMDPRA Enabled $1.2bn Investments In Modular Refineries – DAPPMAN

Nigerian Govt To Bar 60,000-litre Fuel Tankers From Roads March 1

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Disorganized Gas Sector In Nigeria

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

Nigerian Petrol Regulator Addresses Fuel Price Hike, As Litre Sells For N250

NNPC May Spend N201 Billion To Clean Up Dirty Fuel

NMDPRA Confirms Supply Of Petrol With Methanol Above Specification

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