NMDPRA Targets Regional Petroleum Pricing Benchmark For West Africa
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on petroleum regulators across West Africa to collaborate in developing a regional petroleum pricing benchmark, saying the initiative would reduce the region’s reliance on external commodity price references and strengthen transparency in the downstream market. The Chief Executive Officer of the NMDPRA, Rabiu Umar,…
