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…
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Anti-?angote Refinery comments: Nigerians demand removal of NMDPRA boss
Nigerians have called out the Chief Executive of the Nigerian Midstream and Downstream Petroleum Authority, (NMDPRA), Farouk Ahmed, for saying the diesel produced by the $20bn ?angote Refinery is inferior to the ones imported into the country. It appears Ahmed incurred the wrath of Nigerians, who accused him of trying to de-market the refinery owned by Africa’s richest man, Aliko ?angote. It had earlier been reported that Ahmed had told the ?angote Refinery that the Federal Government would not stop the importation of petroleum products, saying Nigeria cannot depend on…
Read More‘?angote Refinery has no operational licence’ – NMDPRA
…Says refinery at ‘45% completion The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the ?angote Refinery is still at the pre-commissioning stage and has not been licensed. Speaking to State House correspondents on Thursday, the NMDPRA Chief Executive Officer (CEO) of NMDPRA, Farouk Ahmed, said there are numerous concerns regarding petroleum products’ supply nationwide. “Well, just like you rightly asked, there are lots of concerns about the supply of petroleum products nationwide and the claims by some media houses that we were trying to scuttle Dangote refinery; that…
Read MoreNaira Swap: Oil regulatory authority to sanction Filling Stations rejecting POS, transfer
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of Point of Sale (POS) machines or bank transfers at their outlets. This is contained in a statement by Kimchi Apollo, General Manager, Corporate Communications and Stakeholders Management, NMDPRA, on Thursday in Abuja. The statement frowned at the act by the retail outlets due to the recent cash crunch brought about by the new Naira design. “It has come to the attention of the NMDPRA that some retail outlets are not accepting…
Read MoreDangote’s 650,000bpd Refinery 97% completed – Regulatory Authority
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery is now 97 percent completed. The NMDPRA made this disclosure in Abuja, when representatives of the Dangote Petroleum Refinery visited Abuja to present the work plan for the facility for 2022/2023 as the regulatory agency for the sector. The successful completion of Africa’s biggest petroleum refinery and the world’s largest single-train facility is expected to have a significant impact on Nigeria’s foreign exchange through import substitution and substantial savings in earnings. The refinery, with…
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