National Diesel Supply Plunges 40% -NMDPRA

National Diesel Supply Plunges 40% -NMDPRA

Nigeria’s daily diesel supply dropped forty per cent in September to hit an uncomfortable thirteen-month low, exposing the fragility of domestic fuel distribution just as transport costs hammer household budgets across the country. Official data released in Abuja by the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed daily market receipts falling to 8.7 million…

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FG Fixes 2028 Date To Free Gas Prices

  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…

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NNPC Confirms Aleto Gas Pipeline Explosion

Why Inter-Agency Oil Audit Battles Never Produce Refunds

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…

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Dangote Dismisses Petrol Re-Import Allegations as Baseless

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,…

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