₦airaland Forum

They wan enter gas way dey surplus for Nigeria. Dem enter kerosene, Nigerians no fit buy am. They enter diesel, na the same story. Fuel (PMS) nko? The same story.

If you say you wan use firewood, islamic terrorists for will finish you kpatakpata unless GOD is on your side.

FG to end regulated gas pricing in 2028
Business & Economy
September 25, 2026 6:25 am

FG to end regulated gas pricing in 2028
File: The Chief Executive of NMDPRA, Rabiu Umar.

By
Dare Olawin
Kindly share this story:

Nigeria is set to end regulated pricing in the domestic gas market by September 24, 2028, as the Nigerian Midstream and Downstream Petroleum Regulatory Authority targets a transition to a fully established willing-buyer, willing-seller framework.

The Chief Executive of NMDPRA, Rabiu Umar, disclosed this on Thursday at the Gas Market Maturity Workshop organised under the Decade of Gas initiative at the Petroleum Technology Development Fund, Abuja.

Umar said the transition would be based on measurable conditions that demonstrate the maturity of different segments of the gas market, in line with the provisions of the Petroleum Industry Act.

“Gas must be affordable for Nigerians while supporting President Ahmed Tinubu’s investment reforms. This transition is in line with the Nigeria decade of gas goal to become a gas-powered economy by 2030,” he stated.


He said the PIA envisaged a shift from a market largely coordinated through regulation to one driven increasingly by commercial contracts between willing buyers and willing sellers.

“Invariably, this is the first time that we have been bold enough to set a clear target for our gas market transition,” he noted.

According to Umar, the authority was targeting a 24-month period to establish the conditions required to declare the market a fully functioning willing-buyer, willing-seller market.


“The journey we are starting should lead us to a place where we should target a 24-month at best period within which we will be able to declare the market to be truly a willing-buyer, willing-seller market.”

He stressed that the transition must not be based on broad statements of intent but on clearly defined indicators, thresholds and safeguards.

Umar identified supply availability and diversity, the number and quality of buyers and sellers, access to transportation infrastructure, strength of contracts, payment reliability, delivery obligations, market information and credible price signals as key indicators of market maturity.

The NMDPRA boss, however, said Nigeria’s domestic gas supply remained tight despite the country’s vast gas resources, stressing that infrastructure development must be matched by sufficient gas molecules to utilise the infrastructure.

“If you look at supply, for example, on the domestic side, it is still tight, no matter how you look at it. We have a lot of work to do in our infrastructure space,” he said. “The focus right now is not just delivering the infrastructure, but ensuring that we have enough molecules to fill the pipeline,” he added.

Umar specifically stressed the need to ensure that major gas infrastructure projects, including the Ajaokuta-Kaduna-Kano pipeline, had sufficient gas supply to make them commercially useful.

He said the role of the regulator would also evolve as the market developed, with greater emphasis on establishing market rules, ensuring fair access, protecting competition and monitoring market conduct.


The NMDPRA chief executive disclosed that the authority had commenced consultations on draft regulations on anti-competitive practices, aimed at translating the competition provisions of the PIA into enforceable regulatory rules.

He also called for a realistic assessment of the different segments of the Nigerian gas market, noting that they were at different stages of development.

According to him, the sequencing of the transition would require determining which market segments were ready to move first, the thresholds they must meet and the safeguards required before liberalisation.

Umar further disclosed that the authority was nearing the conclusion of the process for the issuance of gas distribution licences, with the exercise expected to be completed in the coming weeks.

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He said qualified companies would be issued gas distribution licences in the fourth quarter of 2026.

The NMDPRA boss also said the authority was working to deepen domestic utilisation of liquefied petroleum gas and liquefied natural gas, stressing that increased domestic utilisation of the country’s gas resources would be an important indicator of economic growth.

He said the government was also seeking to expand the use of compressed natural gas, while several LNG and gas-to-power projects were being developed across the country.


According to him, greater domestic gas utilisation could support power generation, reduce dependence on imports and minimise transmission losses associated with moving electricity over long distances.

He added that the authority was committed to creating a predictable, coherent and transparent regulatory environment capable of attracting long-term investment into the gas sector.

Umar said gas projects required substantial upfront investment and long-term contracts before investors and financiers could commit capital.

“For you to take an FID in a gas investment, you need to have a long-term contract,” he said, adding that the authority was willing to engage with individual projects to identify regulatory measures that could support their development.

Also speaking, the Coordinating Director of the Decade of Gas Secretariat, Ed Ubong, said Nigeria could achieve a willing-buyer, willing-seller gas market before the end of the first horizon of the Decade of Gas programme in 2030.

Ubong said the programme had identified clear markers for achieving the target, including increasing gas supply to 12.6 billion cubic feet per day by 2030.

He said 16 key infrastructure projects were expected to support the growth of the gas market, while more than 60 projects capable of creating about 15 billion cubic feet per day of gas demand had been identified on the demand side.


He noted that a mature gas market would also require the development of a successful gas-to-power market and greater access to cooking gas.

In her speech, the President of the Nigerian Gas Association, Engr. Mrs Yetunde Taiwo, said the transition to a willing-buyer, willing-seller market must be driven by clearly defined milestones.

Taiwo said the NGA had consistently advocated for a commercially driven gas market but stressed that the transition must be properly sequenced to avoid moving either prematurely or too slowly.

“As NGA, what we would like to see really is to see those goalposts, those milestones that have been set, that makes it a realistic journey for us to say we have achieved a willing buyer, willing seller status.”

According to her, Nigeria had made significant progress in the gas industry over the past decade, but substantial work remained to be done.

She called for stronger collaboration between government, regulators and industry, with government providing clear policy direction, regulators establishing predictable rules, and industry continuing to invest, innovate and execute projects.

Taiwo said the ultimate objective should be a gas market capable of attracting investment, encouraging greater participation and delivering reliable gas to industries, businesses and consumers.


https://punchng.com/fg-to-end-regulated-gas-pricing-in-2028/?amp

Bros, one can never lose what one never had. The guy you replied never lost anything. He never had it

HacheNoire:
Which God? Be specific!

Is it the one Arabs Gave you or the one your colonial masters gave you!

Cos the God bullshiit you guys bring to the table annoys my soul!

“For the message of the cross is foolishness [absurd and illogical] to those who are perishing and spiritually dead [because they reject it], but to us who are being saved [by God’s grace] it is [the manifestation of] the power of God. For it is written and forever remains written, “I will destroy the wisdom of the wise [the philosophy of the philosophers], And the cleverness of the clever [who do not know Me] I will nullify.” [Is 29:14]”
1 Corinthians 1:18-19 AMP

FSBoperator:
That's what party politics is all about.

Will you give your opponent contract ?

The question is if the projects awarded to the company in question were duly carried out and completed .

Every other thing nah wash.

Despicable.

How else low can a human being get?

HacheNoire:
I love your stance!

Now tell me what could make a sitting president fly to go see a local government chairman at that hour?

Just form anything in your head. I will welcome it.

I just want to test your IQ?

“Why are the nations in an uproar [in turmoil against God], And why do the people devise a vain and hopeless plot? The kings of the earth take their stand; And the rulers take counsel together Against the Lord and His Anointed (the Davidic King, the Messiah, the Christ), saying, [Acts 4:25-27] “Let us break apart their [divine] bands [of restraint] And cast away their cords [of control] from us.” ¶He who sits [enthroned] in the heavens laughs [at their rebellion]; The [Sovereign] Lord scoffs at them [and in supreme contempt He mocks them]. Then He will speak to them in His [profound] anger And terrify them with His displeasure, saying, “Yet as for Me, I have anointed and firmly installed My King Upon Zion, My holy mountain.””

Psalms 2:1-6 AMP

HacheNoire:
I love your stance!

Now tell me what could make a sitting president fly to go see a local government chairman at that hour?

Just form anything in your head. I will welcome it.

I just want to test your IQ?

The plane carrying Israeli Prime Minister Benjamin Netanyahu to the United States to attend the UN General Assembly again used the airspace of Greece, Italy, and France despite an arrest warrant issued against him by the International Criminal Court.

According to flight-tracking website Flightradar24, Netanyahu’s plane left Israel early Thursday for the United States to attend the 81st session of the UN General Assembly and crossed the airspace of European countries that are members of the International Criminal Court.

Read: https://www.middleeastmonitor.com/20260924-netanyahus-plane-flies-through-greek-italian-french-airspace-en-route-to-us-despite-icc-warrant/

QuinQ:
He went to NYC to speak at UNGA.
Meanwhile he and his family have lots of properties in New York, where the mayor can make life difficult for them if he wanted

Talk of a toddler.

Mega boys are playing, this one dey mention mamdani.

doncartel:
Noted. But they should de-escalate the situation make we see fuel of #500 buy.

I was among those cheering them but when I cry for filling station this week, I realized that it’s time for peace in the Middle East.

Bros, there will be no peace in the middleeast as long as there are muslims their or in earth.

Basicend:
So in your little brain, Tinubu can leave his office is Abuja and run to beg a local govt chairman in Lagos or any other state on behalf of someone?

Does Bibi's speech look like someone that they are begging for? He was even calling ur people "cowards" right there.

Mind you, Israel was at peace with it's neibours until Hamaz decided to strike them with terror first on Oct 7.

When you hit a stronger man without thinking well, you incur the consequence.
All those drama by Hamas sympathisers do not have any substance. They can gather more.

Bros leave that guy. You no know am. Na me know am.
He manufactures any news against the Israel to make himself high.

michlins:
Nigeria has dealt with you Sha.

America practices true federalism. Mamdani has such powers,he might not succeed but he will embarrass Benjamin with the arrest. All he needs is to get a court order and police will follow.

Trump is the most powerful man on earth but America doesn't have a King. They have a president subject to rules and courts.

CNN just reserved his ban and he had to obey the court order. This isn't Nigeria where the president does what he wants irrespective of the rules

Nonsense talk.
Bibi finish am for UN. Mamdani arrest Bibi is the greatest drug and religion induced thought seen in recent history. Small fly dey pose for una.

Bibi and Israel the mate of some 57 or so countries

Guestmale:
Any nation or individual(s) plotting against Israel is/are digging its own grave.

Exactly!!!!

They are currently frustrated.

Over the years, Israel have become strong, courtesy of GOD Almighty.

That nation is a just a miracle.

Jakarta:
Trump arrived at Gracie mansion NY, on 21-09-2026 at about 4:00PM. Before then on July 22nd, 2026 the local government chairman had publicly admitted say him power no reach to arrest Bibi.

UNGA meeting was starting the following day. For US being the host, na normal thing for the president to see the boys on ground, of which the local government chairman is one of them, to make sure say everything dey go on smoothly. And Trump tell local chairman say, if you see that man named Bibi, run hide oh!!, the guy with terrorists precision killing na 5&6 oh!! no say I no warn you oh!!. As such even when terrorists supporters dey protest on the arrival of the terrorists slayer Mr Bibi local government chairman hide far😆 😆!!

Meanwhile can you please tell me why would a sitting president fly to France, and sit on the front row with a TV set, watching other presidents like him live on same TV? I just wan confirm if you don reach 14.

Na you dey waste your time that Islamic terrorism supporter.

He cooks up anything to keep himself high. You for leave am to bask in the euphoria of his opium

Jakarta:
Nothing do you Bibi keep slaying the terrorists, meanwhile where the New York local government chairman called Mamdani, I thought he said he will arrest Bibi if he enters New York? Small but mighty Isreal.

Israel na V-64 engine.

kelechi50:
Yes ooo. When I see Soludo attacks, I remember Dr Chuba Okadigbo of NPN attacks on Zik of Africa NPP. We pray for grace to be a life to witness them when the jungle matures. we all witnessed what happened to Okadigbo. Let Soludo, Umahi and Wike continue.

Dem plenty bros: Odili, Amaechi, Ogbonnaya Onu, Rochas, Orji Uzor, Ngige, etc.

AsomughaChuks02:
I know that road. It was newly coated with asphalt but the heavy rains didn't even let it dry and solidify before damaging it and causing huge erosion close by. The guy there is just being mischievous. Governor Soludo has done far better roads than Peter Obi even dualizing roads in Peter Obi's hometown that's why Agulu people chose to honour Dora Akunyili with a statue rather than Peter Obi because they consider Obi a disappointment to their town.

Una go still deal with Soludo, Umahi, Wike, etc when jungle matures. Na be today?

Very true, including the ones here. They expect Bibi to behave like buhari and Tinubu.

dermmy:
It has happend again. This time it was dozens of delegates from different countries that walked out as Netanyahu mounted the podium

You mean the MORAK COWARDS?

Righteousness2:
Wing of Zion, Israel’s “Air Force One,” has just departed New York with Netanyahu and his team on board, bound for Israel.

What a good name, WING OF ZION.

Correct!!!!!

Codepain:
What's painful is when it's time for Netanyahu and his evil armies to pay, People like you will just disappeared online.
That's how you keep hailing iron dome till rocket start falling on Tel-aviv.
We would be there

Israel is powered by GOD Almighty.

Aside the antichrist who will break 8s deal with Israel midway, no dey happen. GOD gat her back, unless GOD counts any sin against her.

Also, only GOD Almighty has the capacity to deal with Israel if He records any sin against her.

Israel has been restored by GOD Almighty


Go and rest oga.

HacheNoire:
The world is fed up!

I love the language spoken!

Mass protest outside the IS assembly and it’s all chaos!

Israel has been rejected by the majority! The few he has with him can’t even directly associate with Israel anymore!

Twitter is burning 🔥 🔥🔥🔥

We call them MORAL COWARDS.

Bibi's speech was great.

Bibi said that many of the countries that worked out thank Israel secretly for dealing with Iran. They also run to israel for help. Example is Saudi Arabia,

Imalwayshorny:
Is tinubu there

Bros, nah men mount for there. No be criminals.

Benjamin: We have no choice.

Listen up house.

The Israeli prime minister, Benjamin Netanyahu, is currently addressing the UN now.

All Islamic terrorism supporters, please pay attention to his speech.

muyico:
Ai generated content
If Isreal try anyhow
Iran will turn dey soils into ashy

Okay

So what are the things iran destroyed israel? How many casualties in Israel?

uunwanaobong3:
A black man is celebrating western terrorism, imperialism and colonialism.

Your brain really need a lot of work to transform you to a free man

Go and rest. Islam is evil. It leaves weeping, despair, desolation, heartbreak, turmoil, corpses, rape victims, child brides, STDs, etc wherever it passes.

uunwanaobong3:
As far as I remember, there has never been any terrorist group coming out of shite Islam or Iran.

All the terrorist ground ever known are from sunni Islam wahabis group organized by CIA and mossad and sponsored by Saudi Arabia, Qatar and UAE, from alqueda, isis, isil etc, infact the head of alqueda is the current president of Syria installed by USA, turkey and Isreal.

Iran is the victim of Sunni-zionist-anglosaxon terrorism.
A little research will re-educate you.

All na grammar.

Islam na terrorism breeding organization.

Jangbajantis:
Quick transfer to VirginLand.

Dey play.

Which virgins? Even single mothers no dey there. Old mama dem wey done born tire no even dey there.

AMINDA:
These people have no sense of honour and integrity. Same Malami campaigned for Tinubu and they had nothing but praise for Malami all through Buhari’s tenure u until Tinubu got into power. What can be more dishonourable, cowardly, and treacherous than that? This simply means they will turn against the likes of Wike and begin to vilify him if their Tinubu wins his re-election.

Bros, that's why I laugh at Wike, Soludo, Umahi, etc. When the time comes, these terrible people will tell them how their mama born them.

No be una spent 8 years defending Malami and Buhari’s maladministration?

What did you saiBabarians no defend?

Go and rest bros.


You are against Malami now because he does not support Amoda Ogunlere.

Ewedegubbler:
Yea. They can even become NASS speaker Ànd chief of staff. After commuting fraud in USA.

Exactly!!!

Nigeria has never sank this low