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Nigerian Authorities Unveil Streamlined Petrol Import Regulations

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has introduced new regulations to simplify the process of obtaining petrol import licenses by consolidating various operational guidelines into a single document. The new 2024 Midstream and Downstream Petroleum Operations Regulations revoke previous rules managed by the now-defunct Department of Petroleum Resources and aim to streamline the regulatory process in the petroleum industry.

During a stakeholder engagement in Abuja, NMDPRA Managing Director Farouk Ahmed highlighted the importance of stakeholder consultation before finalizing regulations, as mandated by the Petroleum Industry Act.

The new regulations will consolidate 12 existing guidelines, addressing inconsistencies and enhancing compliance. They will also outline the fees for industry activities and detail penalties for regulatory violations, making it easier for stakeholders to navigate and understand the rules governing the midstream and downstream sectors.


 

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Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident

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An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.

According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.

The survivor has since been taken for proper medical care, while further details are yet to be released.

Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.


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Anthony Joshua Discharged from Hospital After Fatal Car Crash

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It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.

The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.

Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.


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‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law

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It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.

This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.

“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”


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