A brief history of Petroleum Products Pricing Regulatory Agency (PPPRA), Federal Government Agency of Nig., Gifmis Code, Functions, Duties, Addresses.

Petroleum Products Pricing Regulatory Agency (PPPRA)
Petroleum Products Pricing Regulatory Agency (PPPRA) is an agency of the government of Nigeria founded in 2003, charge with the responsibilities of monitor and regulating the supply and distribution, and also determines the prices of petroleum products in Nigeria. Its headquarters is situated in Abuja, Nigeria.

Petroleum Products Pricing Regulatory Agency (PPPRA)
Gifmis code: 0232008008

Petroleum Products Pricing Regulatory Agency (PPPRA)
function:
– They detect the pricing policy of petroleum products.

– They regulate the supply and distribution of petroleum products.

– The agency provides information data bank through liaison with all relevant agencies to facilitate the making of informed and realistic decisions on pricing policies.

– They also see the implementation of the important recommendations and programs of the Federal Government as written in the Report of the Special Committee on the review of the Petroleum Products Supply and Distribution.

Petroleum Products Pricing Regulatory Agency (PPPRA)
Duties:
– Compulsory role is necessary for all the stakeholders in the sector.

– They produce parameters and codes of conduct for all operators in the downstream petroleum sector.

– Moderate volatility in petroleum products prices, while ensuring reasonable returns of operators.

Carry out such other activities as appear to it necessary or expedient for the full and efficient discharge of its functions under this act.

Petroleum Products Pricing Regulatory Agency (PPPRA)
Headquarters:
Plot 1012 Cadastral Zone A00 Central Business District P.M.B. 609 Garki, Abuja Nigeria

Petroleum Products Pricing Regulatory Agency (PPPRA)
Zonal office