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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has given stakeholders in the petroleum industry 21 days to submit inputs on the development and formal adoption of a proposed Petroleum Products Pricing Framework.
The Authority said the consultation was in compliance with Sections 32 and 122 of the Petroleum Industry Act (PIA), 2021, which require stakeholder engagement before establishing a pricing framework.
In a notice signed by its Authority Chief Executive, Rabiu Abdullahi Umar, the NMDPRA invited licensees, refiners, petroleum products importers, wholesale suppliers, marketers, depot and terminal operators, transporters, distributors, industry associations and other interested parties to submit their contributions.
The Authority said the consultation would allow stakeholders to review the proposed framework, provide technical and commercial inputs, and contribute to a pricing structure that promotes transparency, competition and market efficiency while ensuring appropriate regulatory oversight.
It directed interested stakeholders to visit its official website, www.nmdpra.gov.ng, to access the consultation document and prescribed submission format.
Submissions are to be addressed to the Executive Director, Economic Regulations and Strategic Planning Directorate, through nmdpra-pricingandtariff@nmdpra.gov.ng, on or before December 9, 2026.
The NMDPRA also announced that a stakeholders’ consultation forum on the proposed framework would hold in Abuja on January 5, 2027, at 10:00 a.m.
About the Author
Blessing Stephanie Okorie is a journalist, writer, and Mass Communication student at Lagos State University. She covers energy, business, and youth-focused issues, with a keen interest in telling stories that connect people, policy, and impact. She
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