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The Petroleum Products Pricing Regulatory Agency (PPPRA) is an agency of the government of Nigeria established in 2003 to, among other responsibilities, monitor and regulate the supply and distribution, and determine the prices of petroleum products in Nigeria.
Nigerian Upstream Petroleum Regulatory Commission, formerly the Department of Petroleum Resources (DPR), is a department under the Nigerian Federal Ministry of Petroleum Resources (FMPR).
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank.. This is a list of countries by tariff rate.The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Electricity Management Services Limited (EMSL) Energy Commission of Nigeria (ECN) National Power Training Institute of Nigeria (NAPTIN) Nigerian Electricity Regulatory Commission (NERC)
In the beginning, Petroleum matters were handled by the Hydrocarbon Section of the Ministry of Lagos Affairs, which reported directly to the Governor-general. The Unit delivered responsibilities such as: keeping records on exploration matters, and importation of petroleum products; enforcing safety and other regulations on matters which were then mostly products importation and distribution ...
Payment Frequency (Annually, Semi Annually, Quarterly, Monthly, Weekly, Daily, Continuous) Payment Day - Day of the month the payment is made; Date rolling - Rule used to adjust the payment date if the schedule date is not a Business Day; Start Date - Date of the first Payment; End Date - Also known as the Maturity date. The date of the last ...
In October 2019, NNPC announced the signing of a $2.5 billion pre-payment agreement with Nigeria LNG to fund upstream gas development projects. [4] In December 2021, the Federal Government of Nigeria and NNPC Ltd signed a ₦621 billion Memorandum of Understanding to finance the construction of critical road infrastructure across the country. [5]
A new license covering 920,000 square kilometres (357,000 square miles) was given to Shell D'arcy Petroleum Development Company of Nigeria, a consortium of Shell and BP (then known as Anglo-Iranian). The company began exploratory work in 1937.