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NMDPRA Asserts Regulatory Role Amid Dangote Refinery Controversy

oweleketv by oweleketv
July 22, 2024
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Dangote Announces Plan To Establish Petrol Terminal In Caribbean
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) clarified its stance following accusations from businessman Aliko Dangote, emphasizing their role as regulators rather than protectors of companies in the petroleum sector.

In response to Dangote’s criticism that the NMDPRA was undermining a company it should support, spokesperson George Ene-Ita rebuffed the notion, asserting that their mandate is strict regulation, not favoritism.

He expressed displeasure over suggestions of demarketing, highlighting that as regulators, they do not engage in competitive tactics against operators.

Ene-Ita disclosed that the NMDPRA awaits updated reports on the sulphur content of diesel produced by the Dangote refinery, following conflicting claims. He emphasized the authority’s impartial approach in overseeing all local refineries, including state-owned NNPC, without bias or media skirmishes.

Regarding recent statements by NMDPRA Chief Executive Farouk Ahmed on the refinery’s compliance and licensing status, Ene-Ita indicated ongoing technical evaluations by their engineers embedded within the refinery. He clarified that definitive findings would be available once their technical reports are reviewed.

“We regulate every local refinery, ensuring compliance with standards,” Ene-Ita stated, dismissing assertions of partiality or unfair treatment in their oversight duties.

Tags: DangoteDangote Refinery
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