NMDPRA unveils new rules in a bid to curb monopoly

By Obas Esiedesa

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled proposed regulations aimed at curbing monopoly, abuse of market dominance, collusion and other anti-competitive practices in Nigeria’s petroleum midstream and downstream sectors.

The proposed “Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026” are also designed to guarantee open and non-discriminatory access to critical petroleum infrastructure, improve market transparency and promote fair competition.

Speaking at a stakeholders’ consultation forum on the proposed regulations in Abuja, the NMDPRA Chief Executive, ...