Tag: NMDPRA
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Senate confirms Executive Director-nominees of Nigerian Petroleum Regulatory Authority
The Senate has confirmed the nominations of five Executive Director-nominees of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
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Adulterated fuel: How NNPC concealed vital report to throw Nigerians into suffering
The Nigerian National Petroleum Company (NNPC) Limited charged with the responsibility of regulating and supervising the oil industry on behalf of the Nigerian government has Integrity, Transparency and Accountability at the centre of its core values, yet failed to immediately take responsibility for the importation of the adulterated fuel that has caused Nigerians unquantified economic…
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NNPC expects 2.3 billion litres of PMS to stabilise distribution
The Nigerian National Petroleum Company (NNPC) Limited started its week with an assurance to Nigerians that the distribution of Premium Motor Spirit (PMS) would soon normalise after it recalled the bad product imported into the country last week.
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Anambra to start receiving 13% oil derivation from March
Gov. Willie Obiano says Anambra will begin to earn 13 per cent derivation in line with its status as an oil producing state from March.
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NARTO, NUPENG-PTD suspend planned strike as NNPC intervenes
The Nigerian Association of Road Transport Owners, National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers (PTD) have suspended their planned strike after an intervention by the NNPC Ltd.
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Petrol scarcity: We’ll restore normalcy in Abuja, others in 3 days – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says normalcy will be restored to petrol stations in Abuja and other areas in about three days following the resumption of loading in Lagos depots.
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FG confirms there is bad fuel in circulation with high methanol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says that limited quantity of Premium Motor Spirit (PMS), known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain. NMDPRA said to ensure vehicular and equipment safety
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NMDPRA establishes new pricing template for gas
A new Domestic Base Price (DBP) framework and applicable gas wholesale price for the strategic domestic sector has been released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The Chief Executive Officer (CEO), NMDPRA, Engr Farouk Ahmed, who disclosed this in Abuja at the weekend, explained that the new framework is in fulfilment…
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NMDPRA cautions marketers against increasing pump price of petrol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned petroleum marketers against increasing price of the product beyond the approved figure.