National Assembly Backs NMDPRA Leadership Amid Reforms

The National Assembly committee, chaired by Hon. Ikenga Ugochinyere, passed a vote of confidence in the leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The committee acknowledged the significance of effective regulation, transparency, accountability, and stakeholder engagement in enhancing the petroleum industry.

It emphasized the necessity of continued collaboration between the National Assembly and regulatory agencies for the successful implementation of the Petroleum Industry Act (PIA). The committee recognized the need for ongoing reforms to tackle challenges in the sector, improve operational efficiency, attract investments, and bolster public confidence in petroleum regulation.

It commended the NMDPRA leadership for its engagement with the legislature and reiterated its commitment to legislative oversight to ensure the authority fulfills its responsibilities in the interest of Nigerians. The committee called for sustained cooperation among stakeholders to advance reforms that promote economic growth, protect consumers, and enhance service delivery within the petroleum value chain.