The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria saved over N6 trillion from reduced petroleum product imports in the first nine months of 2025 following the full deregulation of the downstream sector.
Nigerians Spent ₦1.58tn on Petrol in December 2025 — NMDPRA
Nigerians spent an estimated N1.58tn on petrol in December 2025, based on official fuel consumption data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
According to the NMDPRA December fact sheet, average daily petrol...
Nigeria Imports 1.3bn Litres of Petrol Despite Local Production
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
During the same period, the Dangote refinery reportedly supplied 992 million litres,...
Fuel Wholesalers to Pay 0.5% Levy as FG Enforces New Rule
The Federal Government has tightened regulatory pressure on fuel suppliers and their wholesale customers in the downstream petroleum sector with the enforcement of the 0.5 per cent levy on the wholesale price of petroleum...
NUPRC, NMDPRA Meet to Strengthen Regulatory Efficiency in Oil Sector
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) have taken remarkable steps toward enhancing regulatory efficiency and encouraging investments in Nigeria’s oil and gas sector.
The meeting, which...
Oil Regulators Renew Cooperation to Boost Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have renewed efforts to enhance regulatory efficiency and foster investment in the country’s oil and gas sector, signalling a new era...