Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) ready to issue licenses to companies interested in petrol importation.

Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is ready to issue licenses to companies interested in petrol importation.

Speaking to journalists, Farouk Ahmed, chief executive officer of NMDPRA, said the criteria for importing kerosene and diesel will be applicable for the importation of the product.

However, Ahmed said several conditions have to be met before the applicants are granted licences.

Currently, the Nigerian National Petroleum Company is the last-resort supplier, tasked with importing refined petrol to ensure adequate supply and distribution in the country.