The House of Representatives is seeking to reduce tensions between petroleum importers and domestic refiners as it begins consultations with operators to strengthen Nigeria’s downstream petroleum sector and ensure a steady fuel supply.
The House Committee on Petroleum Resources (Downstream), led by Ikenga Ugochinyere (APP, Imo), held an interactive session with major players in the sector on Tuesday at the National Assembly.
Representatives of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers Association of Nigeria (IPMAN), and Major Energies Marketers Association of Nigeria (MEMAN) attended the meeting.
The discussions focused largely on how to support the expansion of domestic refining capacity without compromising the availability and affordability of petroleum products nationwide.
Mr Ugochinyere said the engagement was part of the committee’s efforts to ensure that legislation and regulatory interventions in the downstream sector reflect the realities faced by businesses and consumers.
