The House of Representatives Committee on Petroleum Resources (Downstream) in Nigeria has initiated a fresh effort to bridge the gap between petroleum importers and domestic refiners.
The committee launched the initiative on Tuesday, aiming to establish a consensus on the balance between fuel imports and local production capabilities.
This development comes as Nigeria continues to navigate structural challenges in its downstream petroleum sector.
The push for consensus reflects ongoing tensions between importers, who rely on foreign supply chains, and domestic refiners, who advocate for greater utilization of local refining capacity.
The committee’s intervention seeks to address these divergent interests through dialogue and policy alignment.
The initiative underscores the broader regulatory focus on stabilizing the fuel market and enhancing energy security.