NMDPRA, NUPRC Chief Executives Resign, Tinubu Nominates Replacements
By Chinedu Echianu The Chief executives of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe have resigned their appointments with immediate effect. Ahmed’s resignation follows corruption allegations levelled against him by the Chairman of Dangote Group, Aliko Dangote. It is not […]
Customs, NMDPRA Step Up Security to Curb Fuel Diversion
By Oluwakemi Kindness The Nigeria Customs Service (NCS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have stepped up joint actions to curb fuel diversion and safeguard Nigeria’s domestic energy supply. The renewed collaboration came into focus during a meeting in Abuja between the Comptroller-General of Customs, Adewale Adeniyi, and NMDPRA’s Executive Director […]
15% Import Duty on Petrol, Diesel No Longer in View – NMDPRA
By Chinedu Echianu The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that the proposed implementation of the 15 per cent import duty on imported Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) is no longer under consideration. This clarification was contained in a statement issued on Thursday by the Authority’s Director […]
Customs Auction Seized Fuel at ₦10,000 per 25 Litres
By Oluwakemi Kindness The Nigeria Customs Service (NCS), has announced the seizure of Premium Motor Spirit (PMS) worth over ₦63 million in the Lagos-Ogun axis. This is as the Comptroller-General of Customs, Adewale Adeniyi as approved the immediate auction of the seized fuel at a subsidised rate of ₦10,000 per jerrycan. The seizure consist of […]
Nigeria Customs Strengthens Partnership with IPMAN, NMDPRA to Combat Petroleum Smuggling
By Oluwakemi Kindness In the bid to address the illegal exportation of petroleum products from Nigeria, the Nigeria Customs Service (NCS), on Tuesday hosted the Independent Petroleum Marketers Association of Nigeria (IPMAN), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Dangote Refineries at its Abuja headquarters. Comptroller-General of Customs, Adewale Adeniyi, was […]