[Opinion] Nigeria: Downstream - Oil Producers, Nmdpra Disagree Over Petroleum Levy Collection

Nigeria: Downstream - Oil Producers, Nmdpra Disagree Over Petroleum Levy Collection

The oil producers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, have disagreed over the collection of the 0.5 per cent wholesale price levy.

Oil Producers, NMDPRA Seek Strategic Alignment On Levy Collection

Oil producers in Nigeria and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) were progressing with discussion on the collection of the 0.5 per cent wholesale price levy. While the NMDPRA argued that the oil producers should collect the levy and remit it into Authority’s bank account, the oil producers said the regulator should collect the levy. However, the Chief Executive of NMDPRA, Farouk Ahmed, while speaking at …

NMDPRA, Oil Producers Disagree on Petroleum Levy Collection - Economic Confidential

Oil producers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday expressed diverse opinions