Oil Producers, NMDPRA Seek Strategic Alignment On Levy Collection …C0NTINUE READING HERE >>>
Oil producers in Nigeria and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) were progressing with discussion on the collection of the 0.5 per cent wholesale price levy.
While the NMDPRA argued that the oil producers should collect the levy and remit it into Authority’s bank account, the oil producers said the regulator should collect the levy.
However, the Chief Executive of NMDPRA, Farouk Ahmed, while speaking at a stakeholder engagement in Lagos,…
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