The Nigerian Midstream and Downstream Petroleum Regulatory Authority has rolled out a five-year strategic plan geared toward strengthening power safety, increasing fuel utilisation and accelerating infrastructure growth as a part of efforts to enhance regulatory effectiveness within the sector.
The Authority’s Chief Government, Saidu Mohammed, unveiled the roadmap on Wednesday throughout his first townhall assembly with employees, the place he described the technique as the muse for a “new period of regulatory excellence” constructed on accountability, collaboration and powerful institutional efficiency.
Welcoming employees into the 2026 work 12 months, Mohammed underscored NMDPRA’s significance to Nigeria’s financial system, noting that the Authority performs a central position in making certain dependable power provide for households, companies and industries, whereas efficient regulation stays important to nationwide growth.
He thanked President Bola Tinubu for the chance to serve and recommended the Authority’s pioneer administration and employees for establishing what he referred to as strong institutional foundations over the previous 4 years.
Talking on inside reforms, the NMDPRA boss stated administration would emphasise teamwork, self-discipline and sound company governance, including that applicable rewards and sanctions can be utilized to enhance productiveness and organisational tradition.
“The 12 months 2026 might be a 12 months of exhausting work, however it’ll even be a 12 months of seen impression. So allow us to get to work and create a brand new period of regulatory excellence for the power sector in Nigeria and the subregion,” he stated.
Mohammed restated the Authority’s duties underneath the Petroleum Trade Act, highlighting core priorities reminiscent of power safety, infrastructure development, expanded fuel use, client safety, honest competitors and trade sustainability.
He defined that the five-year roadmap is anchored on 4 main pillars. These embrace positioning NMDPRA as a best-in-class regulator by better automation and ISO certification, making certain a safe and sustainable nationwide power provide, increasing fuel utilisation according to Nigeria’s Decade of Gasoline initiative, and strengthening the midstream and downstream sectors to ascertain Nigeria as Africa’s power hub.
In keeping with him, reaching these aims would require dedication and professionalism throughout all ranges of the organisation, stressing that regulatory excellence relies on collective effort and adherence to international greatest practices.
Mohammed assured trade stakeholders of the Authority’s dedication to clear, predictable and efficient regulation that helps funding, safeguards customers and delivers lasting worth to the Nigerian financial system.