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The Nigeria’s Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that forex illiquidity has constrained Oil Marketing Companies’
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says the country’s domestic consumption for petrol has significantly dropped from 66.7 million liters, before the deregulation, to 44.3 million liters per day. Mr Farouk Ahmed, the Authority Chief Executive of NMDPRA said that the reduction represents about33.58 per cent daily. Ahmed disclosed this in his keynote
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says the country’s domestic consumption of petrol has significantly dropped from 66.7 million litres, before the deregulation, to 44.3 million litres per day. Mr Farouk Ahmed, the Chief Executive of NMDPRA said that the reduction represents about 33.58 per cent daily. Ahmed disclosed this in his keynote…