…surged by 1,400 percent in June, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Cooking gas update in Nigeria after Dangote, depot owners reduce LPG prices

…Upstream Petroleum Regulatory Commission, NNPC Limited, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the National Boundary Commission and the Office of the Surveyor-General of the Federation. Shehu said the partnerships were aimed at improving revenue monitoring, resolving attribution disputes…

Nigeria to refine all crude locally by 2030 - NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria plans to allocate all of its crude oil production to the domestic market by 2030 as local refining capacity expands.According to a report by S&P Global, Nigeria produced 1.74 m…

…and preventing excessive market concentration. The report stated, “The Nigerian downstream petroleum sector enters the second half of 2026 at a defining moment. The structural transition from an import-dependent market to one supported by significantly expanded domestic refining capacity has largely been achieved. “The…

…position, its Executive Secretary, Olufemi Adewole, urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to establish clear operating-stock guidelines as provided under Section 182 of the Petroleum Industry Act (PIA). He said the guidelines should provide transparent standards for stock m…

…aviation fuel market over the past 13 months. An analysis of the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s latest petroleum supply statistics showed that between June 2025 and June 2026, there was no recorded import of aviation fuel by Oil Marketing Companies, making domestic refineries the exc…

…Association of Nigeria has urged the Federal Government and the Nigerian Midstream and Downstream Petroleum Regulatory Authority to urgently reassess recently issued fuel import licences.IPMAN’s National Publicity Secretary, Chinedu Ukadike, warned that the current policy could worsen pump-price inflation and place add…

…to 1.5 kilotonnes per day (KT/d) in June 2026, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).The figures were contained in the NMDPRA Fact Sheet for June, released on Friday, July 17, 2026, which highlighted a dramatic increase in imports aimed at addressing supply shortages…

…will be the one to pay through their nose. The FCCPC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have a whole lot of protection to do for Nigerians, to make sure that operators are properly checked and undue advantage is not taken of Nigerians in terms of pricing, from wholesale traders dow…

…fell by 22 per cent, according to the latest data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The development marked a sharp reversal from the pattern recorded at the beginning of the year when domestic refining was supplying the bulk of the country’s petrol requirements. The NMDPR…

…effectiveness of Operation Whirlwind. “We also applaud the Nigerian Midstream and Downstream Petroleum Regulatory Authority for its technical proficiency and regulatory oversight, which help ensure that enforcement measures adhere to best practices while effectively addressing weaknesses in the distribution network,” A…

…of Lagos has once again exposed deep-rooted structural deficiencies in Nigeria’s downstream petroleum logistics chain, despite years of government interventions aimed at restoring order to the nation’s busiest fuel distribution hub. Read Also: APAPA GRIDLOCK: Mayhem as presidential task force, LASTMA abandon road Every…

…climbed across several petroleum depots in Lagos, reflecting mixed trends in Nigeria's downstream petroleum market. Meanwhile, the global crude oil prices suddenly surged sharply on Wednesday, with international benchmark Brent crude climbing close to the $80 per barrel mark, signalling renewed strength in the oil mark…

…gradually help rebalance the aviation fuel market. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed that the Dangote refinery exported an estimated 1.66 billion litres of refined petroleum products in April 2026. This was during the mounting tensions in the Middle East that caused d…

…from the previous price and is expected to further intensify competition in Nigeria's downstream petroleum sector. The new N50-per-litre ex-gantry price reduction marks the second cut within seven days, bringing the price down from N1,175 to N1,125 per litre and now to N1,075 per litre. Findings by The PUNCH on Thursda…

…& Obas Esiedesa LAGOS - The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure petroleum marketers do not exploit Nigerians through excessive pricing under the deregulated downstream petroleum market. Minister of State for Petroleum Resources (Oil), S…

…the recent surge in the price. The government directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and other regulators to intensify market surveillance, investigate product hoarding and diversion, and sanction operators found manipulating the market. Minister of State for Petroleum R…

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will issue and closely monitor import permits to bridge 165,000-metric-tonnes of Liquefied Petroleum Gas (LPG) supply gap in the third quarter of 2026. The Authority Chief Executive, Rabiu Umar, disclosed this on Monday in Abuja durin…

…ministries of environment and health, is collaborating with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Department of Geology, Olabisi Onabanjo University, to determine the root cause of the incident. "Twice now, we have recorded cases of pollution in this school and some neigh…

…is working with the Ministries of Environment and Health, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and experts from Olabisi Onabanjo University to investigate possible geological causes, including suspected fault lines. "Preliminary findings suggest there may be geological factors…

…Meanwhile, the Federal Government said it has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify engagement with producers, marketers and other stakeholders to sustain supply and enhance market stability. According to the Minister of State for Petroleum Resources (Gas),…

…year will likely be remembered as one of the most transformative periods in Nigeria's downstream petroleum industry. The continued implementation of market-based fuel pricing, changing supply-chain dynamics, and increasing domestic refining capacity reshaped competitive conditions across the sector. While these structu…

…refiners. He noted that the development highlights the need for a more competitive downstream petroleum market where consumers can access products at the most affordable prices available. PETROAN called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing import licences…