The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has cautioned against monopolistic practices in Nigeria’s downstream oil and gas sector, warning that fair competition and equitable access to …
NMDPRA
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BusinessEnergyMarketsNigeriaOil & GasPolitics
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BusinessEconomyEnergyEnvironmentInfrastructureOil & Gas
LPG Marketers Target 6 Million Metric Tonnes Annual Supply to Boost Clean Energy Use in Nigeria
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has announced plans to raise the country’s annual Liquefied Petroleum Gas (LPG) supply to six million metric tonnes in the coming …
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Dangote IndustriesEconomyEnergyNigeriaOil & Gas
Nigeria Consumed 613.62 Million Litres of Petrol in One Year as Dangote Refinery Boosts Local Supply
Nigerians consumed a total of 613.62 million litres of Premium Motor Spirit (PMS), commonly known as petrol, between October 2024 and October 10, 2025, according to fresh data from the …
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Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
Ekpo Orders Clampdown on Cooking Gas Hoarders as Prices Double Nationwide
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed regulatory agencies to clamp down on marketers hoarding or exploiting consumers following the recent sharp rise in the …
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BusinessEconomyEnergyOil & GasPoliciesTrade
Dangote Refinery Exports Petrol to US as Marketers Still Depend on Imports
by Joy Radarrby Joy RadarrThe Dangote Petroleum Refinery has exported its first shipment of Premium Motor Spirit (PMS), also known as petrol, to the United States, even as Nigerian fuel marketers continue to rely …
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BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
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BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
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BusinessEconomyEnergyGOVERNMENTNigeriaOil & GasPolicies
NMDPRA Urges Strict Compliance with Oil and Gas Sector Regulations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for stronger compliance with oil and gas sector regulations, especially in midstream and downstream operations. This call was made …
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BusinessEconomyEnergyOil & GasPolitics
Nigeria Loses N121bn Daily to Oil Theft Despite $16bn Petroleum Investment – Reps
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has said that Nigeria’s petroleum sector has attracted about $16 billion in investment since the signing of the Petroleum Industry …
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EconomyEnergyInfrastructureINVESTMENTNatural ResourcesNigeriaPolicies
Nigeria’s Gas Wealth and the Promise of MDGIF: Turning Potential into Prosperity
With over 206 trillion cubic feet of natural gas, Nigeria holds one of the largest gas reserves in the world, yet decades of underutilisation have kept this abundant resource from …