NMDPRA proposes 138 rules to curb petroleum market abuse

AI Summary

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has proposed 138 new regulations to prevent monopoly, abuse of dominance, collusion, and other anti-competitive behaviors in Nigeria's petroleum midstream and downstream sectors. The framework aims to regulate market practices and enhance competition in the Nigerian petroleum industry.

…Unveils framework to check monopoly, collusion, abuse of dominance By Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has unveiled proposed regulations comprising 138 rules aimed at curbing monopoly, abuse of market dominance, collusion and other anti-competitive practices in Nigeria’s petroleum midstream and downstream sectors. The proposed Midstream and […] The post NMDPRA proposes 138 rules to curb petroleum market abuse appeared first on Vanguard News.