The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted licenses for nine modular refineries under President Bola Tinubu’s administration.
At the 2024 Oil Trading & Logistics Africa Downstream Energy Week in Lagos, NMDPRA CEO Farouk Ahmed highlighted this move as part of Nigeria’s growing refining capacity, supported by the Dangote refinery’s recent activation.
Additionally, NMDPRA has issued seven licenses for modular refinery construction and four for their operation.
“Over the course of the last year, the NMDORA has revised and consolidated its regulations through strategic industry stakeholder engagements with a view to streamlining the regulatory framework for ease of doing business and compliance. This is complemented by the issuance of relevant guidelines on automation for processes to strengthen regulatory clarity and enhance compliance.
“Our refinery sector has been expanding rapidly with the issuance of nine licences to establish, seven licences to construct and four licences to operate modular refineries,” he stated.
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