By ESTHER McWILLIS-IKHIDE Petrol Consumption Jumps Sharply as Festive Demand Peaks NIGERIA’S daily petrol consumption surged to 63.7 million litres in December 2025, representing a sharp increase of 10.8 million litres per day from November levels, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The figure, contained in the […]
By ESTHER McWILLIS-IKHIDE & PAULINA NZERUBE RESIDENTS of Imade Osazee Street in Asaba, Delta State, have petitioned the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the construction of a Liquefied Petroleum Gas (LPG) plant within their residential neighbourhood. In the petition, the residents alleged that the siting of the gas facility poses serious […]
Institutional Capture, Ethics, and the Mindset Question Regulatory Capture: The Invisible Threat PROF. Wumi Iledare, a globally respected petroleum economist, shifted the debate from individuals to institutions. He warned that Nigeria’s petroleum regulators must avoid regulatory capture, where powerful operators shape enforcement, timelines, pricing policy, or approvals to favour select […]
THE SYSTEM ON TRIAL When the Regulator Becomes the Obstacle NIGERIA’S petroleum crisis no longer hides behind excuses. The resignation of the chief executives of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has forced the country to confront an uncomfortable truth: the institutions designed to […]
By NINI NDUONOFIT-AKOH Resignations Amid Explosive Allegations THE abrupt resignation of the CEOs of Nigeria’s key petroleum regulatory agencies has intensified demands for a sweeping forensic investigation into the oil and gas sector. The resignations followed allegations by Aliko Dangote that entrenched interests undermine local refining while profiting from crude exports and substandard fuel imports. […]