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Court orders NMDPRA to continue issuing fuel import licences to Matrix, AA Rano, AYM Shafa

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The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing and renewing petroleum products import licences to three major oil marketers, ruling that the regulator’s refusal to do so violates the Petroleum Industry Act (PIA).

Justice Inyang Ekwo delivered the judgement on Monday. The judge reportedly ruled that the authority’s refusal to grant or renew import licences for Matrix Energy, AA Rano and AYM Shafa was in “direct non-compliance” with the PIA, Nairametrics reported.

It said the judge specifically directed the regulator to continue granting, issuing, extending, renewing or reissuing licences, permits and authorisations for midstream and downstream petroleum operations, particularly the importation of petroleum products, once the companies meet all statutory and regulatory requirements.

The judgement followed a suit filed in June by the three oil marketers challenging the NMDPRA’s refusal to regularly issue or renew their petroleum products import licences.

The companies, through their lawyers, Raji Ahmed, a Senior Advocate of Nigeria, and Chris Ekemezie, argued that the PIA does not prohibit the importation of petroleum products into Nigeria or prevent the regulator from issuing licences to eligible importers.

The Court rulings

Delivering judgement on Monday, Mr Ekwo held that the NMDPRA’s refusal to issue and renew the licences was inconsistent with the provisions of the PIA and that the authority had acted beyond the limits of the law.

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He ruled that any exercise of regulatory powers relating to import licences in violation of the PIA and other relevant laws was “null and void”.

The judge also held that the plaintiffs had successfully established their claims against the regulator.

In a key part of the judgment, the court declared that Sections 31, 32 and other relevant provisions of the PIA, read alongside Section 72 of the Federal Competition and Consumer Protection Act, mandate the NMDPRA to promote competition in the midstream and downstream petroleum sectors.

The provisions also require the regulator to prevent the abuse of dominant market positions and restrictive business practices.

The court further declared that the three oil marketers were entitled to the issuance, extension or renewal of their import licences upon fulfilling the conditions stipulated by the NMDPRA.

The judge, however, clarified that the authority retains exclusive regulatory powers to grant, modify, extend, renew, suspend, cancel or terminate licences and permits for midstream and downstream petroleum operations.

Why the oil marketers went to court

In an affidavit filed on 26 June in support of the suit, Sabiu Saidu Mahuta, executive director of AA Rano Nigeria Limited, said the NMDPRA had, since July 2025, issued, extended or renewed import licences for the three companies only sporadically rather than regularly.

He argued that the regulator’s actions and inactions were entrenching market dominance and monopolisation of the downstream petroleum sector by local refineries.

Mr Mahuta also said the three companies had collectively invested more than $20 billion in infrastructure, logistics and retail networks to support their petroleum businesses.

“Collectively, the plaintiffs have invested more than $20,000,000,000 [Twenty Billion United States of America Dollars] in infrastructure, logistics and retail networks for the smooth operations of their licensed petroleum products businesses,” he stated.

The companies argued that allowing petroleum imports alongside local refining would promote competition, prevent monopolistic practices and price-fixing, and improve the overall performance of Nigeria’s midstream and downstream petroleum sectors.

Their lawyer, Mr Raji, urged the court to affirm the legality of petroleum products imports and the regulator’s obligation to issue licences to eligible operators.

Dangote Refinery’s legal suits

The judgement comes amid an ongoing legal dispute over the issuance of petrol import licences in Nigeria, particularly following the expansion of domestic refining capacity by the Dangote Refinery.

Dangote Refinery has argued in a separate suit that the continued issuance of petroleum products import licences contravenes Nigerian law, which it maintains permits imports only when local refineries cannot meet domestic demand.

The refinery recently filed a fresh N100 billion suit against the Attorney-General of the Federation at the Federal High Court in Lagos over the continued issuance of import licences.

Matrix Energy, AA Rano and AYM Shafa have also applied to join that suit.

The case remains pending before the court.

The latest ruling in Abuja, however, addresses the three oil marketers’ rights to obtain import licences from the NMDPRA, provided they meet the applicable statutory and regulatory conditions.

Nigeria’s changing petrol supply dynamics

The legal dispute comes as Nigeria’s petroleum supply landscape continues to change following increased output from domestic refineries.

PREMIUM TIMES reported that NMDPRA data published last week showed that petrol imports declined sharply in the first quarter of 2026, while supplies from local refineries rose to about 3.18 billion litres.

The statistical presentation of the report showed that crude oil receipts by domestic refineries increased to 683,000 barrels per day (bpd) in August from 585,000 bpd in July, representing a 17 per cent increase.

The increase became profound as domestic petrol receipts rose significantly while reliance on imported petrol declined.

According to the data, average daily Premium Motor Spirit (PMS) receipts increased by 11 per cent, from 45.5 million litres per day in July to 50.5 million litres per day in August.

The report indicated that domestic PMS receipts accounted for most of the increase, rising by 39 per cent, from 25.8 million litres per day to 35.9 million litres per day.

In contrast, PMS imports fell by 26 per cent, from 19.7 million litres per day in July to 14.6 million litres per day in August.

The growth in domestic refining has intensified discussions about the role of fuel imports, market competition, and the regulatory conditions governing the supply of petroleum products.

READ ALSO: Dangote refinery drove Nigeria’s petrol supply in August as NNPC refineries remain shut — Report

Meanwhile, PREMIUM TIMES reported last week that NMDPRS approved petrol import permits covering about 830,000 metric tonnes for multiple companies ahead of the fourth quarter of 2026.

George Ene-Ita, spokesperson for the authority, confirmed the development to PREMIUM TIMES last Tuesday.

“Yes, petrol import permits were approved for Q4 2026 to ensure no supply gaps are heading into the critical end-of-year period,” Mr Ene-Ita said.

Companies reportedly granted the permits include Matrix Energy, A.A. Rano, AYM Shafa, NIPCO, Pinnacle Oil and Bono Energy.

The approvals were reportedly issued on 18 September, although details of the individual allocations to the marketers are still sketchy. A request for details from PREMIUM TIMES, sent via email to the authority last week, was acknowledged, but has yet to be received.


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Mbah Rebuilds Technical College, Prepares Enugu Youths for Tech-Driven Future

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Enugu State Governor, Peter Ndubuisi Mbah, has rebuilt Government Technical College (GTC), transforming the once-dilapidated institution into a modern Science, Technical and Vocational education hub equipped with advanced ICT infrastructure, robotics, mechatronics and coding facilities to prepare young people for a technology-driven future.

The initiative forms part of his administration’s broader efforts to strengthen technical education, develop industry-relevant skills and position Enugu youths to take advantage of emerging economic and technological opportunities.

The comprehensive overhaul features newly constructed academic blocks, paved internal roads and upgraded learning facilities, alongside modern ICT infrastructure and industry-grade equipment supporting robotics, mechatronics, coding and programming.

Beyond its infrastructural renewal, GTC is pioneering specialised learning pathways in Science and Technology, Building and Architecture — covering trades such as bricklaying, electrical installation, plumbing and roofing — as well as Industrial Agriculture.

The integration of a Smart Green School within the college premises further creates a pathway linking foundational education with technical and vocational training, preparing students to develop practical competencies from an early stage.

Significantly, GTC is the first of eight planned model Science, Technical and Vocational Schools, with one envisaged for each of Enugu State’s eight federal constituencies. The initiative reinforces the administration’s commitment to expanding access to technical education, nurturing innovation and building a skilled workforce capable of supporting the state’s industrial and economic ambitions.

This is more than the reconstruction of an educational institution. It is an investment in human capital, youth empowerment and the next generation of skilled professionals, innovators and entrepreneurs.

Under Governor Mbah’s leadership, the focus is not merely on building structures, but on creating opportunities, strengthening institutions and laying the foundation for sustainable prosperity.

Sometimes, the picture says it all. Look beyond the structure and see the vision, the investment and the future being built.

The post Mbah Rebuilds Technical College, Prepares Enugu Youths for Tech-Driven Future appeared first on Business Today NG.

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Otedola recalls sharing bunk bed with Hamzat 49 years ago

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Femi Otedola, the chairman of First HoldCo Plc, has revealed that he shared a bunk bed with Lagos State Deputy Governor Obafemi Hamzat during their boarding school days 49 years ago.

Mr Otedola disclosed this in a post on X after hosting a dinner in honour of his longtime schoolmate, Mr Hamzat, attended by Aliko Dangote, the president of Dangote Group, and Abdulsamad Rabiu, the chairman of BUA Group.

The business tycoon said Mr Hamzat’s character has been defined over the years by honesty, sincerity, fairness, and strong moral principles.

“Yesterday, I hosted dinner in honour of @DrObafemiHamzat, the incoming Governor of Lagos State,” Mr Otedola said.

“A man of the highest integrity, with whom I shared a bunk bed at boarding school 49 years ago,” he added.

Mr Otedola stated that his longstanding relationship with Mr Hamzat has given him insight into the deputy governor’s character and values.

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“My experience of his character over the years has been defined by his honesty, sincerity, fairness and strong moral principles,” Mr Otedola said.

READ ALSO: Tinubu’s reforms have put Nigerian economy on path of sustainable growth – Otedola

He, however, did not disclose the name of the boarding school he attended with the Lagos State deputy governor.

The billionaire investor has interests in financial services and oil & gas. He holds about 27.7 per cent of First HoldCo’s shares, following months of steadily increasing his stake in the banking group.

Mr Hamzat is seeking to contest the 2027 governorship election in Lagos State on the platform of the All Progressives Congress (APC), and has served as deputy governor under incumbent Governor Babajide Sanwo-Olu since 2019.

He emerged as the APC governorship candidate in May 2026.

Mr Hamzat served as Lagos State Commissioner for Science and Technology and later as Commissioner for Works and Infrastructure from 2005 to 2015.


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