BusinessNewsNigeriaNigeria’s Petroleum Resources Minister Demands Reduction Of Fuel Prices
Following the crash in crude oil prices to $72 per barrel globally, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has called for a proportional reduction in the pump price of Premium Motor Spirit (PMS). Senator Lokpobiri made the call at the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) General Counsel and Legal Advisers Forum 2026 in Abuja. The theme of the forum is “Beyond Compliance: Driving Regulatory Certainty and Investment...








