KEY POINTS The Federal Government has suspended the issuance of import licences for Premium Motor Spirit (PMS), commonly known as petrol, for the second consecutive month, signalling a significant shift …
NMDPRA
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In the NewsMarketsOil & Gas
Nigeria’s Petrol Consumption Drops to 56.9m Litres Daily as Local Refining Gains Ground
KEY POINTS Nigeria’s average daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, declined to 56.9 million litres per day in February 2026, down from 60.2 million litres …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has explained that the recent fluctuations in petrol pump prices across Nigeria are the result of market forces under …
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In the NewsOil & Gas
NMDPRA Intensifies Reforms to Stabilise Fuel Market and Attract Energy Investments
KEY POINTS Nigeria’s energy sector regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has stepped up engagement with operators, wholesale distributors, and financial stakeholders in a broad effort …
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Customs hand over petrol worth N40.7 million to NMDPRA after intercepting 1,650 jerrycans and three tankers in Lagos border raids.
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has convened a stakeholders’ forum with gas retailers and operators aimed at strengthening safety standards and enforcing compliance across …
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Nigeria daily petrol imports dropped 42 percent in January as Dangote Refinery boosted domestic supply, regulator data show
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KEY POINTS Oil marketers have confirmed that the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has resumed issuing petrol and diesel import licences to prevent fuel shortages. The move …
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KEY POINTS Dangote Petroleum Refinery has reaffirmed its ability to meet and surpass Nigeria’s daily fuel consumption, announcing it can supply up to 75 million litres of Premium Motor Spirit …
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KEY POINTS President Bola Tinubu has formally requested the Senate’s confirmation of 21 nominees for the boards of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and the Nigerian Midstream and …