MDPPACPB Regulations

Page 96 of 127
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Category 
Nature of 
Offense 
Examples 
Indicative 
Fine 
Range 
Aggravating 
Factors 
Mitigating 
Factors 
Failure to 
submit 
required 
competition 
reports 
C(Minor or 
Technical 
Offenses) 
Procedural 
or 
complianc
e breaches 
with no 
significant 
market 
harm 
- Failure to 
notify a 
merger with 
no 
competition 
impact- Delay 
in submitting 
compliance 
reports- 
Inadvertent 
data 
omissions or 
misstatements 
Fixed-
sum 
penalty 
(e.g., ₦5 
million – 
₦50 
million) or 
< 1% of 
turnover, 
at 
Authority’
s 
discretion 
- Repeat 
procedural 
breaches- 
Non-
cooperation 
when 
rectifying 
issue 
- Error was 
unintentional
- Prompt 
rectification- 
Transparenc
y with 
Authority 
 
Daily Penalties for Continuing Non-Compliance 
Offence 
Daily Penalty 
Notes 
Failure to comply with 
final cease and desist 
order 
₦5 
million 
– 
₦25 million per 
day 
Until 
compliance 
is 
achieved; 
capped by total 5% turnover limit 
unless otherwise specified 
Non-submission 
of 
ordered data/reports 
₦1 million – ₦5 
million per day 
May be escalated with notice after 
14 days 
Continuation 
of 
prohibited conduct after 
Final Order 
₦10 million – 
₦50 million per 
day 
Subject to court enforcement or 
licence action if non-compliance 
persists 
Application Notes: 
1. These penalty ranges are indicative and not binding. The Authority may 
impose higher or lower fines based on the specific facts, legal 
framework, and procedural fairness. 
2. The turnover base shall be defined as total revenues from regulated 
petroleum activities in Nigeria for the last audited financial year.