The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled proposed regulations to curb 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. The NMDPRA Chief Executive, Mallam Rabiu Umar, said the framework is being developed pursuant to Section 216 of the Petroleum Industry Act, 2021. The regulations were presented at a stakeholders' consultation forum in Abuja.
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