The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Nigeria’s downstream regulator has set a firm date to end government control of domestic gas prices, targeting a fully commercial market by September 2028. The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced the timeline on Thursday, 24 September 2026, through its chief executive, Rabiu Umar, who spoke at the Gas Market Maturity Workshop…
The House of Representatives Committee on Public Accounts has reopened one of the most familiar battlegrounds in Nigerian public finance, summoning the Nigerian National Petroleum Company Limited (NNPCL) and 146 downstream petroleum marketing firms to account for ₦432.07 billion in unpaid regulatory obligations. The disputed liabilities, tracked in successive annual reports by the Auditor-General for…
Nigeria’s petrol market is showing a sharp reversal after months of declining dependence on imported fuel, with new regulatory data showing that imports accounted for 43.3 per cent of petrol receipts in July 2026, even as the country’s largest refinery had demonstrated the capacity to process more than its original design level. The latest…
Nigeria’s local petrol production fell for a second consecutive month in July 2026, sliding to its lowest level this year and pulling the country back towards the fuel imports that the Dangote refinery was expected to displace. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, showed that average daily petrol supply…
Petroleum marketers returned to naira transactions at the Dangote Petroleum Refinery on Wednesday after a week of dollar denominated pricing that unsettled Nigeria’s downstream market, but the relief arrived with a higher bill, as the refinery lifted its ex depot petrol price by N140 per litre. A notice issued by the refinery’s commercial department,…
Nigeria’s daily petrol imports surged by 207 per cent in June, reversing months of steady progress toward domestic energy self-sufficiency. Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority reveals that daily foreign fuel receipts jumped to 18.1 million litres, up from 5.9 million litres in May. The massive influx of offshore fuel…
Africa’s largest refinery has pushed back against allegations that petrol produced at its Lagos facility is shipped to Lomé in Togo and then quietly returned into the Nigerian market, describing the claims as commercially illogical, contractually barred, and unsupported by trade data. Dangote Petroleum Refinery and Petrochemicals issued the rebuttal on Tuesday, June 23, 2026,…
Nigeria has approved a fresh round of petrol and diesel imports for the July to September quarter, a move that signals renewed pressure on domestic fuel supply even as the country pushes to lean more heavily on local refining. The Nigerian Midstream and Downstream Petroleum Regulatory Authority issued the clean product import permits to…
The federal government has issued fresh refined product import permits to independent marketers for the third quarter of 2026. The Nigerian Midstream and Downstream Petroleum Regulatory Authority approved the licenses to prevent potential domestic fuel shortages between July and September. The tactical intervention follows a noticeable decline in national fuel stock levels over the past…
Households and small businesses across Nigeria are paying nearly two and a half times more for cooking gas than they did at the start of the year, pushing marketers toward large scale importation in a bid to crash prices and end a biting scarcity. Cooking gas now sells at N2,400 per kilogramme in several locations,…