NMDPRA Sets December 9 Deadline for Input on Petroleum Pricing Framework

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has invited oil and gas industry stakeholders to submit recommendations for a new petroleum products pricing framework. The consultation is intended to gather technical and commercial input from importers, marketers, depot owners, transporters, distributors and other industry players, as required under the Petroleum Industry Act 2021. Stakeholders have until December 9, 2026, to submit their contributions through the Authority’s prescribed process. NMDPRA has also scheduled a consultation forum for January 5, 2027, at 10 a.m. in Abuja. The proposed framework aims to promote transparency, competition and efficiency in Nigeria’s petroleum products market.

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