Tag: NMDPRA
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Tinubu appoints board members for gas infrastructure fund
President Bola Tinubu has approved the appointment of the board members of the Midstream and Downstream Gas Infrastructure Fund (MDGIF).
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Nigeria’s daily petrol consumption drops by 33.58%
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says the country’s domestic consumption for petrol has significantly dropped from 66.7 million liters, before the deregulation, to 44.3 million liters per day.
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NMDPRA shuts 6 petrol stations, gas plant in Delta
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Warri Zonal Office has sealed six petrol retail outlets and an illegal gas refiling plant over sharp practices in Delta State.
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Nigeria’s aviation authority probes fuel contamination
Nigeria’s Civil Aviation Authority (NCAA) has launched an extensive investigation into a recent incident involving water contamination in the fuel tanks of certain aircraft. The move comes as part of the authority’s efforts to prevent future occurrences of such safety breaches and ensure the safety of air travel in the country. Speaking at a meeting…
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How daily petrol consumption dropped by 35% after subsidy removal
Daily average consumption of Premium Motor Spirit (PMS), otherwise known as petrol, in Nigeria, has dropped drastically by 35% after President Bola Tinubu removed payments of fuel subsidy. TheNewsGuru.com (TNG) reports Nigeria’s daily average petrol consumption figure dropped from 66.6 million litres per day in May to 49. 5 million litres per day in June.…
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Deregulation: Monthly fuel consumption declines by 18.5million litres
Following the pronouncement by President Bola Tinubu on removal of fuel subsidy, Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres as consumption reduced by an average of about 18.5 million litres daily in June.
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Court declines Mobil’s plea for an order stopping NMDPRA’s sanction
A Federal High Court, Abuja, on Tuesday, refused to grant Mobil Producing Nigeria Unlimited’s prayer for an order restraining the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) from imposing any sanction on it. The sanction in respect of its operations in Oil Mining Leases 67,68,70 and 104 pending the hearing and determination
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We’ve given license to three more marketers to import fuel – NMDPRA
Additional three marketers have been given the license to import petroleum products as from July 1st the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Thursday. NMDPRA Chief Executive Officer (CEO) Farouk Ahmed made this known on Wednesday, during a meeting with oil marketers.
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Exxon Mobil accused of illegal lifting of petroleum product
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has written to the military high command, alleging illegal lifting of petroleum product by Exxon Mobil at Bonny River Terminal in Rivers State.
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We won’t fix petrol prices again – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will no longer fix prices or release templates for Premium Motor Spirit (PMS). Authority Chief Executive (ACE), Mr Farouk Ahmed, who said this at a news conference