The House of Representatives Joint Committee on Petroleum Resources has invited the Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to address disagreements threatening Nigeria’s downstream petroleum sector.
Chairman of the committee, Ikenga Ugochinyere, disclosed this after an emergency meeting held in Abuja on Monday, warning that rising tensions could undermine the fragile stability recently achieved in the sector.
Ugochinyere said the committee must act swiftly as the country continues efforts to stabilise petroleum supply, pricing and regulation in the post-subsidy era.
The key issue is the renewed tension arising from concerns and allegations raised by Alhaji Aliko Dangote against the NMDPRA. We are guarding hard-won stability; sustainable solutions require identifying critical issues, hence our invitation to Dangote and the NMDPRA leadership,” he said.
He added that petitions received by the committee touch on the issuance of import licences and questions over whether domestic refineries can meet Nigeria’s daily petroleum demand.
According to him, all outstanding matters will be thoroughly examined when refinery operators and regulatory stakeholders appear before the committee. (NAN)
