Nigeria has recorded savings of over N6 trillion in the first nine months of 2025 due to a significant reduction in petroleum product imports, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Saidu Mohammed, the agency’s Chief Executive Officer, made this disclosure on Wednesday while speaking at the 2026 Nigerian International Energy […]
Despite the much-anticipated entry of the Dangote Petroleum Refinery into the market, imported petrol continued to dominate Nigeria’s fuel landscape in 2025, accounting for 62.47 percent of the total Premium Motor Spirit (PMS) consumed in the country. According to the latest midstream and downstream sector factsheet released by the Nigerian Midstream and Downstream Petroleum Regulatory […]
The Nigeria Society of Engineers (NSE) has applauded President Bola Ahmed Tinubu for appointing Engr. Saidu Aliyu Mohammed as Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), describing the move as a clear demonstration of the President’s commitment to competence, professionalism and sector-wide reform. In a statement signed by its […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that the Dangote Petroleum Refinery failed to meet its projected petrol supply target for November 2025, necessitating a continued reliance on imports to meet national demand. In its latest industry fact sheet released on Sunday, the regulator disclosed that the refinery supplied an average […]