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Oil and Gas

Nigeria gains ₦6tn from downstream petroleum reforms

Nigeria has recorded an estimated ₦6 trillion gain from reforms in the downstream petroleum sector within the first nine months of 2025, according to the Federal Government. The gain is attributed to the impact of fuel market deregulation and reduced reliance on imports. The Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this at the […]

FG announces four midstream, downstream oil sector regulations
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FG announces four midstream, downstream oil sector regulations

    To address environmental and safety problems in the midstream and downstream petroleum sectors, the federal government has announced the adoption of four new laws. The Nigerian Midstream and Downstream Petroleum Regulatory Authority in Abuja made the announcement on behalf of the federal government on Sunday. It stated that the rules adhered to the […]