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Petrol Consumption Hits ₦1.3tn in June – NMDPRA

Petrol Consumption Hits ₦1.3tn in June - NMDPRA The latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority has revealed that Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity generators in June, as consumption across...

₦341tn Oil Reserves Untapped in Nigeria – Report 

₦341tn Oil Reserves Untapped in Nigeria - Report  Over 3.5 billion barrels of oil and condensate reserves are locked in undeveloped fields across different basins in Nigeria, according to reports in a publication by the Nigerian Upstream Petroleum Regulatory Commission. At the current average price of...

Lagos, Ogun, FCT Top Petrol Consumption Chart – NMDPRA

Lagos, Ogun, FCT Top Petrol Consumption Chart - NMDPRA Nigerian Midstream and Downstream Petroleum Regulatory Authority has revealed that Lagos, Ogun and the Federal Capital Territory, Abuja, have been identified as major consumers of Premium Motor Spirit (petrol). The NMDPRA PMS truckout report for June indicated...

Electricity Challenges Stall e-vehicle Adoption in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition.

Nigeria’s Reliance on Fuel Import Rises 69% in June – Report 

Nigeria’s Reliance on Fuel Import Rises 69% in June - Report  The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) recent report has revealed that over sixty-nine percent of total petrol consumed in Nigeria in the month of June, 2025 was imported. According to the NMDPRA...

Fuel Retailers Reject NMDPRA’s Proposed Decommissioning Rules

Fuel Retailers Reject NMDPRA’s Proposed Decommissioning Rules The Nigerian Midstream and Downstream Petroleum Regulatory Authority has proposed fresh rules on the safe decommissioning of filling stations, sparking opposition from retail outlet owners in the downstream sector. The draft regulation, currently undergoing public scrutiny at the Stakeholders’...