Business

Zinox Chairman hails Tinubu’s reforms as boost for

  • 13th February 2026
US-China tensions reignite over Huawei AI chip export rules

China denies US claims of funding militias in

  • 13th February 2026

SEC partners NOA to raise awareness on illegal

  • 13th February 2026

NECA, stakeholders push for more robust labour justice

  • 13th February 2026

Contact Info

Some Populer Post

Zinox Chairman hails Tinubu’s reforms as boost for investor

Business

Travel, leisure stocks divide as AI disruption worries mount

Aviation Tech
ByteDance increases share buyback offer amid TikTok uncertainty

Saudi Arabia’s Savvy advances negotiations for ByteDance’s Moonton

Tech
Baidu denies data breach allegations after exec's daughter's leak

Chinese Baidu integrates OpenClaw AI for in-app task automation

Tech

Tag: NMDPRA

News

Nigerians spent N1.3trn on petrol in June — Report

Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity generators in June, as consumption across the country reached 1.44 billion litres, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Nigerians consume more petrol than any other fuel, and as a nation battling […]

Business

Nigerians spent N1.3tn on petrol in June – NMDPRA

Nigerians expended about N1.3 trillion on Premium Motor Spirit in June 2025, as nationwide consumption rose to 1.44 billion litres, according to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The figures highlight the country’s heavy dependence on petrol for transportation and self-generation of electricity amid persistent power supply challenges. Following the […]

News

Nigeria’s fuel consumption drops to 1.44bn litres in June – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority says fuel consumption fell in June 2025, with total fuel evacuation dropping to 1.44 billion litres. Director of Public Affairs, George Ene-Ita, confirmed in a statement on Wednesday that daily consumption averaged 48 million litres, revising earlier reports that had placed it at 38.94 million litres, according […]

Nigeria to supply South Africa gas from 2024
Oil and Gas

NMDPRA approves interim gas transportation tariff for NNPCL subsidiary

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted approval for an interim transportation tariff to the NNPC Gas Infrastructure Company Limited, a subsidiary of the Nigerian National Petroleum Company Limited. In a Monday statement, the authority said the approval was issued in accordance with Sections 122 and 123 of the Petroleum Industry Act […]

featured

Retailers oppose NMDPRA’s plan to regulate filling station shutdowns

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has introduced draft regulations on the safe decommissioning of filling stations, drawing pushback from downstream retail operators. The proposed rules—currently under review at the Stakeholders’ Consultation Forum on the 2025 Midstream and Downstream Petroleum Safety and Environmental Regulations—would require formal procedures for the abandonment and closure of […]

Court upholds NMDPRA's authority to impose statutory taxes
Business

NMDPRA launches licensing framework to combat low-quality lubricants

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced plans to begin issuing licences for lubricant importation. The move is aimed at curbing the circulation of substandard products in the country. NMDPRA Chief Executive, Farouk Ahmed, disclosed this during a stakeholders’ workshop held on Wednesday in Abuja. Ahmed, who was represented by the Executive […]

News

Petrol imports down 67% in eight months — NMDPRA

Imports of Premium Motor Spirit have dropped sharply from 44.6 million litres per day in August 2024 to 14.7 million litres as of April 13, 2025—a decline of about 30 million litres, or 67 per cent—according to the latest supply tracker from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The Chief Executive Officer of […]

featured

NMDPRA slashes electricity GenCos gas price amid mounting ₦2trn debt

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has reduced the price of natural gas for power generation companies in a bid to address the sector’s liquidity crisis. This move comes as power generation companies reportedly owe gas suppliers around N2 trillion, largely due to persistent revenue shortfalls in the power sector. According to documents […]

News

NMDPRA awards Falcon 25-year gas distribution licence

The Nigerian Midstream and Downstream Petroleum Regulatory Agency has issued Falcon Corporation Limited a 25-year Gas Distribution Licence. A statement from the firm’s Managing Director, Prof. Joe Ezigbo, noted that the licence grants Falcon Corporation exclusive rights to gas distribution within the Ikorodu Industrial Zone. Ezigbo further stated that the GDL is a key regulatory […]

News

NMDPRA, NNPC seal deal to sell crude oil in Naira

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has reached an agreement with the Nigerian National Petroleum Corporation Limited to conduct transactions with Dangote Refinery using the naira. This was disclosed by NMDPRA in Abuja on Tuesday, aligning with the recent federal executive council’s approval, according to Nairametrics. Under the new arrangement, NNPC will sell […]

News Oil and Gas

FG meets local refiners over pricing, debunks Dangote’s claims

The Federal Government announced on Tuesday that no unclean fuel was imported into Nigeria, contradicting a recent statement made by a Dangote Petroleum Refinery executive. This was disclosed by the federal government during a meeting with the oil marketers and local refiners of crude oil in Abuja, according to The Punch. The meeting’s participants discussed […]

Business News

Stakeholders worry over imposed NMDPRA $2,000 registration fee

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has placed a $2,000 registration fee on indigenous shipowners, raising concerns among maritime stakeholders. The former Director General of the Nigerian Maritime Administration and Safety Agency, Temisan Omatseye, while speaking in Lagos recently at the 2024 Stakeholders Engagement, bemoaned the two license payments that indigenous shipowners imposed […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in