NMDPRA, Oil Producers Disagree on Petroleum Levy Collection
Oil producers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday expressed diverse opinions over who should collect the 0.5 per cent wholesale price levy imposed on petroleum products by the Petroleum Industry Act.
While...
Nigeria Expands Local Refining With Four Modular Refineries, New Licenses
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday gave an update on Nigeria’s local refining capacity, saying there is an expansion with the issuance of nine Licenses to Establish (LTEs), seven Licenses to...
FG Meets Stakeholders to Resolve Dangote Refinery Impasse
The honourable minister of state petroleum, Senator Heineken Lokpobiri, in a decisive move to address the ongoing challenges plaguing the Dangote Refinery, has convened a high-level meeting with key industry stakeholders.
The crucial gathering took place with the...
Petrol Subsidy Gulps N4.8trn Annually - FG
The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) stated on Tuesday that fuel subsidy was gulping about N4.8tn from its purse.
The Chief Executive Officer, NMDPRA, Farouk Ahmed, disclosed this at the ongoing Energy...
FG Commences Enforcement of Oil Measurement Law
The Federal Government says it has commenced the enforcement of the Petroleum Measurement Regulations, as well as five other laws in the midstream and downstream oil sectors.
Disclosing this on Wednesday through the Nigerian Midstream and Downstream Petroleum Regulatory...
Fuel Scarcity: Fed Govt To Inspect Stations’ Tanks
Oil marketers on Sunday said the Federal Government should evacuate and dispense the products currently trapped in the depots which were shut down recently by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Marketers said the products...
