Court orders NMDPRA to grant fuel importation licenses to AA Rano, others
The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to “continue to grant” petroleum product import licences to three major oil marketers—Matrix Energy, AA Rano, and AYM Shafa—in line with relevant laws. Justice Inyang Ekwo made the order in his judgment on Monday, holding that the NMDPRA’s […]
The Nigerian Federal High Court has mandated the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to issue petroleum product import licenses to three major oil marketers: Matrix Energy, AA Rano, and AYM Shafa. The court ruled that the NMDPRA's refusal to grant these licenses violated the Petroleum Industry Act (PIA) of 2021.
The plaintiffs, represented by lawyers Raji Ahmed, SAN, and Chris Ekemezie, Esq., argued that the PIA does not prevent the importation of petroleum products into Nigeria or prohibit the NMDPRA from issuing licenses to eligible importers. The court held that the NMDPRA's actions were in direct non-compliance with the PIA, rendering any licensing decisions it made "null and void."
The judge further noted that the plaintiffs had met the conditions required for obtaining the licenses. The court also declared that the NMDPRA is obligated to promote a competitive market in midstream and downstream petroleum operations and prevent monopolization and restrictive practices.
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Also reported by 3 other outlets
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- Court orders NMDPRA to continue issuing fuel import licences to Matrix, AA Rano, AYM Shafa premiumtimesng.com
