National

FEDERAL GOVERNMENT SETS DATE FOR PETROL PRICING SUMMIT.

todayJuly 4, 2025

Background
share close

The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing and supply dynamics in the downstream sector, amid growing agitation by independent marketers for price regulation.

 The planned summit, organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is expected to bring together industry operators, marketers, refiners, and government officials to deliberate on petroleum pricing standards, feedstock adequacy, and strategies to stabilise the deregulated market.

 The Executive Director of Hydrocarbon Processing Plants, Installation and Transportation Infrastructure at the NMDPRA, FRANCIS OGAREE, confirmed the date and summit at the just concluded 24th Nigeria Oil and Gas Energy Week held in Abuja.

 The President of the Petroleum Products Retail Outlets Owners Association of Nigeria, BILLY GILLIS-HARRY, has repeatedly emphasised the need for a stable market and consistent energy security, advocating for mechanisms to analyse price fluctuations and ensure they don’t negatively impact the industry.

Written by: Ella Adike

Rate it

Previous post

News

SINCLAIR WARNS CHELSEA AGAINST SELLING MADUEKE TO ARSENAL

Former Chelsea defender, FRANK SINCLAIR has warned his old club against making a crazy mistake if they were to sell NONI MADUEKE to Arsenal this summer transfer window. Chelsea are keen to bolster their manager ENZO MARESCA’s attacking options this summer window, and have already completed deals for LIAM DELAP and JOAO PEDRO.  They are also closing in on the signing of Borussia Dortmund winger JAMIE GITTENS as they look […]

todayJuly 3, 2025 2

0%