Nigeria: Stop Issuing Indiscriminate Fuel Import Licences, Economist Urges NMDPRA

[Leadership] The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to stop issuing indiscriminate petroleum-product import licences and instead tie approvals to independently verified domestic supply gaps.

According to the group, rising petrol imports could undermine domestic refining, investment and foreign exchange conservation if approvals are granted without transparent evidence of supply shortfalls.