NMDPRA addresses controversy over NNPC’s pricing …C0NTINUE READING HERE >>>
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified the recent controversy surrounding the role of the Nigerian National Petroleum Company Limited (NNPCL) in determining petrol prices from the Dangote Refinery.
The NMDPRA has denied accusations that NNPCL is encroaching on its regulatory powers, insisting that the pricing arrangement is based on market dynamics.
Speaking on the matter, NMDPRA’s Chief Executive Officer, Engr. Farouk Ahmed, stated…
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