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NMDPRA Pledges Regulatory Reform to Drive Petroleum Sector Investment

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pledged to enhance regulatory certainty and market transparency to boost investment in Nigeria’s petroleum sector. Speaking at the PENGASSAN Energy and Labour Summit, authority representatives highlighted that predictable, efficient regulation is essential for attracting long-term capital into refineries, pipelines, and gas processing infrastructure. Industry stakeholders also emphasized the importance of human capital development, urging operators to prioritize workforce upskilling to support energy transition goals and operational stability.

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