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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has rolled out a five-year strategic plan aimed toward strengthening power safety, increasing gasoline utilisation and accelerating infrastructure improvement 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 workers, the place he described the technique as the inspiration for a “new period of regulatory excellence” constructed on accountability, collaboration and robust institutional efficiency.
Welcoming workers 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 guaranteeing dependable power provide for households, companies and industries, whereas efficient regulation stays important to nationwide improvement.
He thanked President Bola Tinubu for the chance to serve and counseled the Authority’s pioneer administration and workers for establishing what he referred to as stable institutional foundations over the previous 4 years.
Talking on inner reforms, the NMDPRA boss mentioned administration would emphasise teamwork, self-discipline and sound company governance, including that acceptable rewards and sanctions could be utilized to enhance productiveness and organisational tradition.
“The 12 months 2026 can be a 12 months of exhausting work, however it can even be a 12 months of seen influence. 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 mentioned.
Mohammed restated the Authority’s tasks underneath the Petroleum Trade Act, highlighting core priorities corresponding to power safety, infrastructure development, expanded gasoline use, shopper safety, truthful competitors and business 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 way of larger automation and ISO certification, guaranteeing a safe and sustainable nationwide power provide, increasing gasoline utilisation according to Nigeria’s Decade of Gasoline initiative, and strengthening the midstream and downstream sectors to determine Nigeria as Africa’s power hub.
In response to him, attaining these aims would require dedication and professionalism throughout all ranges of the organisation, stressing that regulatory excellence is dependent upon collective effort and adherence to world greatest practices.
Mohammed assured business stakeholders of the Authority’s dedication to clear, predictable and efficient regulation that helps funding, safeguards shoppers and delivers lasting worth to the Nigerian financial system.
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