Nigeria, Nov. 1 -- The former Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has called for effective and efficient regulation of Nigeria's downstream petroleum sector amid ongoing reforms and changing global market dynamics.

Mr Ahmed, who resigned last year after corruption and abuse-of-office allegations levelled against him by Aliko Dangote, President and Chief Executive of the Dangote Group, made the call while delivering a goodwill message at the celebration of 20 years of OTL Africa Downstream Energy Week in Lagos.

"My four decades of experience have reinforced one enduring lesson: that is, effective regulation cannot operate in isolation from the industry it...