Subsidy Removal Will Guarantee Prosperous Future For Nigerians, Says NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has urged Nigerians not involved themselves in panic buying following the removal of petrol subsidy.

It said in a statement that contrary to speculations and concerns, the announcement is in line with the Petroleum industry Act (2021) which provides for total deregulation of the petroleum downstream sector to drive investment and growth.