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Filling Stations Selling Fuel at ₦1,000/Litre Risk Shutdown, FG Warns

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has issued a stern warning to filling stations engaged in profiteering by selling Premium Motor Spirit (PMS), commonly known as petrol, at exorbitant prices as high as ₦1,000 per litre. The NMDPRA accused some independent marketers of exploiting Nigerians by raising petrol […]

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BREAKING: FG Intervenes in Dangote Refinery, NMDPRA Dispute

The Federal Government is actively working to resolve the ongoing dispute between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) concerning the quality of diesel distributed in the country. On Monday night, the Minister of State for Petroleum Resources (Oil) convened a high-level meeting with key stakeholders to address and resolve […]

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NMDPRA To Announce New Gas Prices Today

After a review with the Adviser to President Bola Tinubu on Energy, Olu Verheijen, the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) will release the new gas pricing template today. The Authority Chief Executive Officer Engr. Farouk Ahmed broke the news at the launch of the headquarters of “Decade of Gas,” in Abuja. He noted […]

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Aviation fuel: NNPC, NMDPRA, Airlines Operators Agree To End Scarcity

…as Wase brokers truce The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian National Petroleum Company (NNPC) Limited avaition fuel marketers and the airlines operators have agreed on an interim price of Jet A-1 otherwise known as aviation fuel at N500 per litre. The agreement was reached at a meeting held at the National […]