The Nigerian Midstream and Downstream Petroleum Regulatory Authority (Otherwise known as “The Authority”) was created in August 2021 in line with the Petroleum Industry Act 2021 which provides legal, governance, regulatory and fiscal framework for the Nigerian Petroleum Industry as well as development of Host Communities.
Consequently, Mr President approved the appointment of Mr. Farouk Ahmed as the Authority Chief Executive of the NMDPRA as conveyed by the Secretary to the Government of the Federation to the Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva to run the day-to-day affairs of the new regulatory authority.
NMDPRA’s encompasses a merger of three defunct regulatory agencies: Petroleum Products Pricing Regulatory Agency (PPPRA), Petroleum Equalization Fund {Management} Board (PEFMB), the Midstream and Downstream Divisions of the Department of Petroleum Resources (DPR). This birth has ushered a new dawn for establishing a progressive regulatory framework that encourages investment and full optimization of the midstream and downstream sector of the petroleum industry in Nigeria.
At NMDPRA we stimulate and create an enabling environment that drives sustainable development across Nigeria’s Midstream and Downstream value chain for all stakeholders.
We do this through effective regulatory oversight which accelerates and deepens the economic development while ensuring sufficient product distribution and supply at an equitable and fair price.
We commit to deliver impeccable world class service to our stakeholders through – INTEGRITY, PROFESSIONALISM, ACCOUNTABILITY, AND TRANSPARENCY.
We’re undergoing a great evolution, sign up to be part of our journey.
The Authority is responsible for the technical and commercial regulation of the midstream and downstream operations in Nigeria.