…Seeks Senate approval President Bola Tinubu has written two letters to the 10th Senate, seeking confirmation of 21 nominees for the Board of Directors of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA), and the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC). In the first letter, President Tinubu nominated Senator Magnus Abe to serve as the NUPRC board chair. Abe, who represented Rivers South-East in the Senate for two terms, is a former NNPC Board member and current chairman of the National Agency of the Great Green Wall. Other nominees…
Read MoreTag: NMDPRA
Ramalan, NBMOA BoT Chairman welcomes oil & gas shipping sector reforms
…Calls for stricter reforms in embattled solid minerals sector to curb illegal mining The Chairman, Board of Trustees (BoT), Northern Broadcast Media Owners Association (NBMOA), has welcomed recent reforms in Nigeria’s oil and gas sector, describing them as timely and significant steps toward strengthening the industry, and repositioning the country within the global energy landscape. The Chairman expressed appreciation for changes in the leadership of key regulatory agencies, noting that the reforms have generated optimism across the oil & gas shipping sector. In a statement issued yesterday from Cairo, Egypt,…
Read MoreNMDPRA, NUPRC chiefs quit, as Tinubu names new regulators
President Bola Tinubu has initiated a major shake-up in Nigeria’s oil and gas regulatory landscape following the resignation of the chief executives of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA), and the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC). The President has formally asked the Senate to confirm new heads for both agencies, according to separate letters transmitted yesterday, and disclosed in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga. Engr. Farouk Ahmed resigned as Chief Executive of the NMDPRA, while Gbenga Komolafe stepped-down as…
Read More‘No subsidy in oil, gas sector’ — NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA ), has said there are no subsidies in the oil and gas sector, as Nigeria operates a completely deregulated market. The NMDPRA Director, Public Affairs Department, George Ene-Italy, who made this known to newsmen in Abuja yesterday, was reacting to the recent reports that the Federal Government has removed subsidies or increased the price of Compressed Natural Gas, (CNG). Recall that CNG refilling stations in the Federal Capital Territory (FCT) had, early this week, increased the product from ₦230 to ₦380…
Read MoreNMDPRA branch defies PENGASSAN leadership
…Vows to uphold union democracy A major rift has erupted within Nigeria’s oil workers’ union, as over 500 members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Branch have invoked the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Constitution to hold branch elections, defying what they describe as stone-walling and unilateral control by the union’s national leadership under President Festus Osifo. The staff, under the umbrella of the NMDPRA Congress, have openly rejected the caretaker committee installed by the National Secretariat of PENGASSAN. The decision,…
Read MoreNMDPRA branch defies PENGASSAN leadership, vows to uphold union democracy
A major rift has erupted within Nigeria’s oil workers’ union, as over 500 members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Branch have invoked the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Constitution to hold branch elections, defying what they describe as stone-walling and unilateral control by the union’s national leadership under President Festus Osifo. The staff, under the umbrella of the NMDPRA Congress, have openly rejected the caretaker committee installed by the National Secretariat of PENGASSAN. The decision, announced on June 27, has…
Read MoreCorruption allegations: Lawyers storm Villa, NASS, demand NMDPRA boss probe
About 500 public interest lawyers yesterday stormed the Presidential Villa and National Assembly with a petition demanding the immediate probe, sacking and prosecution of Ahmed Farouk, the Chief Executive Officer, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA). The lawyers and members of some civil society organisations (CSOs) have been protesting for days, demanding immediate investigation of corruption allegations against Ahmed. They are equally demanding his sack and prosecution over the alleged offences, which include abuse of office and conflict of interest. The lawyers cited grave allegations…
Read More“50 CNG stations only servicing 200 million Nigerians” – NMDPRA
Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA) Farouk Ahmed, says Nigeria has less than 50 Compressed Natural Gas (CNG) compression stations to feed 200 million Nigerians. This is despite efforts of the Federal Government, through the Presidential Compressed Natural Gas Initiative to give Nigerians access to CNG as a replacement to the pricey fossil fuels like petrol and diesel. Ahmed stated this in his speech at the conference of the Nigeria Association of Energy Correspondents in Lagos. Speaking on energy security, which is crucial for…
Read More?angote Refinery to supply 25m litres of petrol daily in Sept.’ – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says ?angote Refinery will supply 25 million litres of fuel daily in September. It also finalised an agreement with the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to ?angote refinery in the local currency, the Naira. This development is in line with the recent approval by the Federal Executive Council (FEC) to sell crude oil to ?angote Refinery in Naira as well purchase petrol products from the refinery in the local currency. “At the NMDPRA headquarters in Abuja,…
Read More‘Marketers selling petrol into Jerry cans, meter alteration, hoarding risk loss of license’ – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that marketers risk losing their licenses if they hoard fuel, sell into jerry cans, or tamper with their meters. During an inspection tour in Abuja on Friday, NMDPRA’s Executive Director of Distribution Systems, Storage, and Retailing Infrastructure, Ogbugo Ukoha, who issued the warning, emphasised that retail petrol stations must stop selling fuel to black marketers, as this poses significant safety risks and violates federal regulations. “You need to take this warning very seriously. If you need security reinforcements, speak…
Read More