The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue granting petroleum products import licences to Matrix Energy, A.A. Rano and AYM Shafa, provided the companies meet all statutory and regulatory conditions.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has tightened its regulatory grip on petroleum marketers, threatening to revoke the licences of fuel stations caught under-dispensing products to consumers.
The clarification came amid growing concerns over the recent increase in petrol prices and its impact on households, transport operators and businesses across the country.
Justice Akintayo Aluko, in an interim ruling, also barred the regulator, its officers, agents and representatives from sealing, shutting down, restricting access to, obstructing, suspending, disrupting, inspecting, supervising, sanctioning or otherwise interfering with the refinery’s operations pending the determination of the substantive application before the court.
West Africa's push for a regional refined-fuel benchmark is entering its execution phase as Nigeria's expanding refining capacity changes regional supply flows.
Policymakers say pipelines, storage, ports, logistics, data and regulatory harmonisation must catch up with rising regional production.
The ultimate...
Local refineries supplied 78.6 percent of Nigeria's petrol demand in the first half of 2026, up from 38.9 percent in 2025, while imports dropped to 21.4 percent, according to MEMAN.
The report said expanded refining capacity led by...
NMDPRA launches fresh push for a transparent West African fuel price benchmark, arguing that Africa must end its dependence on petroleum price references set outside the continent.
Nigeria says growing refining capacity across West Africa has created the...
May 07, (THEWILL) — The Senate has confirmed Rabiu Umar as Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority following his screening on Tuesday, May 5, 2026, during which lawmakers commended his professionalism, depth of industry...
April 29, (THEWILL) — President Bola Tinubu has removed Mr Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), barely four months after appointing him to the strategic regulatory position,...
April 01, (THEWILL) — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced an increase in the Domestic Base Price of natural gas to $2.18 per MMBtu, effective April 1, 2026, marking a slight rise from...
Cristiano Ronaldo’s turbulent relationship with the Portugal national team could be heading towards an unexpected reconciliation, with reports suggesting the veteran forward may return for one final international chapter as he closes in on the historic 1,000-goal milestone.