TUE OCT 14 2025-theGBJournal| The House of Representatives on Monday urged the Federal Government and key stakeholders to overhaul the downstream petroleum sector to ensure greater efficiency and sustainability.
The House made the call during the First Annual Downstream Petroleum Week, organised by the House Committee on Petroleum Resources (Downstream).
Speaking at the conference, Engr. Farouk Ahmed, the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), represented by Mr Bashir Sadiq, Executive Director, Corporate Services & Administration, gave an overview of the current state of downstream regulation, highlighting progress achieved, existing challenges, and the Authority’s role in safeguarding energy security and market stability.
He outlined NMDPRA’s strategic initiatives in ensuring product availability, implementing licensing reforms, strengthening price regulation, and addressing stakeholders’ concerns through collaborative engagement.
The conference, held in partnership with the Federal Ministry of Petroleum Resources and the NMDPRA, convened industry professionals, regulatory agencies, and key stakeholders, including representatives of the NUPRC, NNPCL, NCDMB, MEMAN, DAPPMAN, CORAN, Dangote, and PETROAN, among others.
A major highlight of the event was the presentation of a Meritorious Award of Excellence to the NMDPRA Chief Executive by the Chairman of the House Committee on Petroleum Resources (Downstream).
The award recognised Engr Ahmed’s exemplary service and visionary leadership, which have contributed significantly to translating the Petroleum Industry Act (PIA) from policy into tangible national progress.
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