NMDPRA Unveils Rules to End Fuel Price Fixing
By Mardiyyah Abubakar The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled draft regulations aimed at ending fuel price fixing, artificial scarcity and other anti-competitive practices in Nigeria’s petroleum sector. The proposed rules would prohibit petroleum companies from coordinating pump prices, restricting fuel supply, sharing markets, rigging bids or exchanging commercially sensitive information […]