General
Nigerian Gas Shippers to Charge Tariffs in Dollars, Others
By Adedapo Adesanya
Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has gazetted a number of regulations under the Petroleum Industry Act (PIA), a key one of which is on the Gas Transportation Tariff.
Recall that former President Muhammadu Buhari signed the much-delayed PIB into law in late 2021.
The regulation says that transportation tariffs would be determined and charged in United States Dollars or other foreign currency.
However, payment would be made in such respective foreign currency or its Naira equivalent at the open market rate published by the Central Bank of Nigeria (CBN).
This guideline which is directed to shippers, that is, persons other than an operator licenced by the authority to ship gas through a system, would be charged transportation tariff for a capacity charge, commodity charge and any other charge as may be prescribed by relevant code.
It was also noted that the transportation tariff shall be paid by shippers on monthly basis in arrears.
Notwithstanding regulation 6(2) of these regulations said, the provisions of the Gas Network Code Framework Agreement should be applied.
The regular also noted that the previous gas transportation agreement existing under a gas transportation pipeline on open access or gas transportation network should, from the commencement of these regulations, cease to be effective and is replaced by a gas network code framework agreement.
Capacity charge means a charge determined by the amount of a shipper’s registered system entry capacity at a system entry point or registered system exit capacity at a system exit point and payable by the shipper irrespective of whether the reserved capacity is utilised or not.
Explaining what a commodity charge is, the authority noted that it is a charge determined by the quantity of gas flow at a system point attributed to a shipper that varies in direct proportion to the actual throughput of natural gas by a shipper.
NMDPRA also pointed out that it may approve different classes of capacity charges for the same gas transportation pipeline or gas transportation network.
The classes of capacity charge under regulation 7(1) of the regulations may be determined with reference to gas transportation networks and gas transportation pipelines on open access, depending on the types and industries of the end-users of the natural gas transported by shippers, based on the criteria approved by the authority, or agreements with shippers facilitating the financing of new gas transportation pipeline, and another basis as may be approved by the agency.
Alternatively, with respect to gas transportation pipelines for its own account of an operator.
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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