The Digest:
The Nigerian Midstream and Downstream Petroleum Regulatory Authority reports that Dangote Refinery’s domestic petrol supply fell short of its target in November 2025, averaging 23.52 million litres daily against a projection of 35 million litres. Despite this, Nigeria’s total...
The Digest:
The Nigerian Senate has officially confirmed the appointments of Oritsemeyiwa Eyesan as the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and Saidu Mohammed as the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority...
The Digest:
Former Edo State Governor and Senator Adams Oshiomhole has strongly welcomed the resignation of the chiefs of Nigeria's main petroleum regulatory agencies, stating the move was necessary for the country's economic survival.
Key Points:
Senator Adams Oshiomhole welcomed the...
The Digest:
President Bola Tinubu has nominated Engineer Saidu Aliyu Mohammed as the new Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following the resignation of Farouk Ahmed. Here are key details about the nominee set to lead a...
The Digest:
President Bola Tinubu has requested Senate confirmation for new chief executives of Nigeria's top petroleum regulatory bodies following the sudden resignations of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. The move comes days after Aliko Dangote levied...
The Digest:
Civil society activists have staged protests at the Abuja headquarters of the ICPC and EFCC, demanding urgent investigation into Aliko Dangote’s allegation that NMDPRA Chief Executive Farouk Ahmed spent over $5 million on his children’s secondary education in Switzerland. The...
The Digest:
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has clarified its stance against Dangote Refinery's recent sharp price reductions, stating that while it supports lower fuel costs, the abrupt cuts have left its members facing billions in losses on...
The Digest:
NMDPRA CEO Farouk Ahmed has disowned a viral statement attributed to him, clarifying he did not issue any response to Aliko Dangote's allegations. He is instead relying on the ongoing ICPC investigation to clear his name.
Key Points:
NMDPRA CEO Farouk Ahmed disowned a statement...
The Digest:
Nigeria's anti-corruption agency has formally acknowledged a high-stakes corporate-regulator clash, setting the stage for a major probe. The Independent Corrupt Practices Commission has confirmed it received a petition from Aliko Dangote against NMDPRA CEO Farouk Ahmed and stated...
The Digest:
Amidst escalating allegations that threaten to destabilise Nigeria's critical petroleum sector, lawmakers are stepping in to mediate. The House of Representatives Joint Committee on Petroleum Resources has invited the Dangote Refinery and the NMDPRA to address their public dispute...
The Digest:
In a dramatic escalation of a corporate-regulator feud, specific names and institutions are now at the centre of a multi-million dollar allegation. Billionaire Aliko Dangote has detailed his claim that NMDPRA CEO Farouk Ahmed spent over $5 million on his four children's secondary...
The Digest:
Aliko Dangote's renewed accusations against NMDPRA CEO Farouk Ahmed have coincided with a sharp drop in fuel prices, as his refinery cuts rates to undercut importers.
Key Points:
Aliko Dangote accused NMDPRA CEO Farouk Ahmed of economic sabotage for favoring fuel imports over...
The Digest:
Aliko Dangote has vowed to aggressively counter fuel importers who bypass his refinery, declaring he will increase his fleet of CNG trucks to 8,000 if necessary to secure market share and protect his $20 billion investment.
Key Points:
Dangote said if importers continue...
The Digest:
Aliko Dangote has announced that filling stations, including MRS outlets, will begin dispensing petrol at ₦739 per litre in Lagos from Tuesday, following his refinery's ex-depot price reduction to ₦699.
Key Points:
Dangote set a target of keeping petrol below ₦740 nationwide in...
The Digest:
Aliko Dangote has publicly challenged the Chief Executive of the NMDPRA, Engr. Farouk Ahmed, over allegations he spent $5 million on his children’s Swiss secondary education, demanding accountability and declaring the sector’s regulator “should never act as a trader.”
Key Points...
The Digest:
The Dangote Petroleum Refinery has pledged to supply 1.5 billion litres of Premium Motor Spirit (PMS) to the Nigerian market this December. According to reports, the refinery has invited the NMDPRA to publicly monitor and validate its daily output, exploring a significant shift...
The Digest:
The Nigerian Government has suspended the implementation of a 15% import duty on petrol and diesel, following widespread concerns over potential price increases. The NMDPRA has assured citizens of adequate fuel supply nationwide and warned against panic buying, marking a temporary...
The Digest:
The Dangote Petroleum Refinery has formally withdrawn its N100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other parties, ending a high-stakes challenge over the issuance of licences for petroleum product importation...