Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Market pricing of petrol, FX setting Nigerian economy on industrialisation path

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Market pricing of petrol, FX setting Nigerian economy on industrialisation path

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country’s bold initiative to sell crude oil to local refiners, who then sell petroleum products in Naira, is yielding positive results. Mr Edun disclosed this at a meeting with President Bola Tinubu on Tuesday. He said this initiative, made … Read more

Petroleum minister hosts crucial meeting with Dangote, NNPC, others

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Petroleum minister hosts crucial meeting with Dangote, NNPC, others

Nigeria’s Minister for State, Petroleum Resources (Oil), Heineken Lokpobiri, on Monday convened a high-level meeting with top executives from Dangote Group, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian National Petroleum Company Limited (NNPC Ltd) to address the ongoing issues surrounding the Dangote Refinery. … Read more