Abuja, Nigeria – Friday, September 6, 2025 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that there are no subsidies in Nigeria’s oil and gas sector, emphasizing that the market operates under a fully deregulated framework. The Director of the Public Affairs Department, Mr. George Ene-Ita, made the statement to the News
ABUJA, NIGERIA Nigeria’s daily petrol consumption witnessed a noticeable decline in the month of June 2025, with official figures released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) putting the average daily usage at 48.03 million litres. This marks a significant shift in the country’s fuel demand dynamics, drawing attention from both economic
Abuja, July 8, 2025 — A coalition of over 500 lawyers under the aegis of the Coalition of Concerned Lawyers for Justice and Accountability on Monday besieged the Presidential Villa and the National Assembly Complex in Abuja to submit a formal petition against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory
In a significant move to bolster economic cooperation and transparency, the Ministry of Petroleum Resources, alongside three key agencies under its supervision, recently participated in the International Monetary Fund’s (IMF) Article IV Consultation in Nigeria. The agencies involved were the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),
