Petrol War Fallout: NMDPRA, NUPRC Chiefs Resign as Dangote Petition Shakes Oil Sector
Nigeria’s petroleum sector was thrown into fresh uncertainty on Wednesday following the resignation of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, and his counterpart at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe. The resignations, announced by the Presidency, are widely viewed as fallout from the escalating dispute between the Dangote Refinery and regulators over fuel importation, pricing and regulatory oversight, […]