Dangote Accuses NMDPRA CEO Farouk Ahmed of Corruption, Alleges $5m Swiss School Fees for Children   The President/Chief Executive of the Dangote Group, Aliko Dangote, has publicly accused the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, of corruption,...

Dangote made the allegation on Sunday during a media briefing at the Dangote Petroleum Refinery and Fertiliser Plant, Lekki, Lagos, describing the alleged expenditure as inconsistent with a public servant’s income and a threat to public trust in regulatory institutions.

Dangote Refinery Boosts Petrol Supply by 38% to 23.5m Litres Daily The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reports that domestic supply of Premium Motor Spirit (PMS) surged by 37.7 percent in November 2025, rising to 23.52 million litres per day from 17.08...

Nigeria Spends N12.8trn on Petrol Imports in 15 Months   As Nigeria struggles to ramp up local refinery of Petroleum Motor Spirit (PMS) otherwise known as petroleum, at least N12.8trn worth of the product was imported into the country from August 2024 to October 2025, analysis...

23 Refineries Licensed in Four Years - NMDPRA   In the last four years of the enactment of the Petroleum Industry Act (PIA), the Federal Government has issued 23 licenses to proposed refineries to establish their operations. Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this...

FG Suspends Planned 15% Import Duty on Petrol, Diesel The Federal Government has suspended the planned implementation of a 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel). The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed the...