Nigeria will welcome Africa’s energy leaders and global partners to Abuja for the Global Commodity Insights Conference on West African Refined Fuel Markets
The Conference will be jointly hosted by NMDPRA and S&P Global Insights.
This was announced by President Bola Ahmed Tinubu, who said, it is time for Africa to stop being a “price taker” for its resources, adding, the Continent has to put in place “credible, transparent benchmarks” that “protect our economies”.
President Tinubu announced via his official X account: “This week, Nigeria welcomes Africa’s energy leaders and global partners to Abuja for the Global Commodity Insights Conference on West African Refined Fuel Markets, hosted by NMDPRA in partnership with S&P Global Insights.
“Africa can no longer remain a price taker for its resources. It is time to establish credible, transparent benchmarks that reflect our realities and protect our economies.
“From refining to regulation, data transparency to trade flows, Nigeria is working with regional partners to build an integrated market that rewards our production, secures energy for our people, and deepens prosperity across borders.
“Through this strategic platform, we are creating a transparent, Africa-led reference market that is rooted in collaboration, regulatory alignment, and economic self-determination.
“This is how we take ownership of our value. This is how we shape our energy future.
“We must price what we produce, trade on our terms, and secure value for our economies and future generations.”
