• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Oil Theft: Centre Hails Approval Of New Crude Oil Routes

by Leadership News
20 hours ago
in News
Centre Hails Approval Of New Crude Oil Routes
Share on WhatsAppShare on FacebookShare on XTelegram

The Centre for Energy Governance and Accountability (CEGA) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for securing federal government approval of 37 new crude oil evacuation routes as part of a broader strategy to curb oil theft, deepen transparency, and revive Nigeria’s oil production.

Advertisement

Gbenga Komolafe, chief executive of NUPRC, had on Tuesday at the 2025 Nigeria Oil and Gas (NOG) Energy Week in Abuja announced the new routes and provided updates on sector-wide reforms designed to reposition Nigeria’s upstream industry for resilience and global competitiveness. He said the commission’s alignment with the armed forces and security agencies has also helped protect critical oil infrastructure.

In a statement on Sunday, CEGA described the development as “a major milestone” in Nigeria’s decades-long struggle with oil theft and revenue losses, and praised Komolafe for “translating policy into measurable results.”

“The approval of 37 new evacuation routes is not just a bureaucratic adjustment—it is a strategic intervention in a sector that bleeds billions annually. This move signals seriousness in plugging leakages and restoring investor confidence,” said Dr Kelvin Sotonye Williams, executive director of CEGA.

Dr Williams said Komolafe’s leadership at NUPRC has helped stabilise a regulatory environment that had, until the passage of the Petroleum Industry Act (PIA) in 2021, been plagued by uncertainty and opacity.

RELATED

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

1 hour ago
Fire Destroys 10 Shops In Adamawa

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2 hours ago

He said the results are already becoming evident with the $16 billion investment commitments secured under the Tinubu administration in just two years.

“These are not paper promises. These are real inflows driven by clarity of vision, regulatory consistency, and aggressive digitisation,” Williams said.

He also praised the commission’s One Million Barrels Initiative, which aims to ramp up daily production from the current 1.7 million barrels per day (bpd) to 2.5 million bpd by 2026. Komolafe said the strategy was launched in 2024 and is yielding results by reviving dormant fields, accelerating project approvals, and eliminating bottlenecks in the upstream licensing regime.

According to CEGA, raising production is the clearest route to energy security and fiscal independence, especially in an era when global upstream investment needs to reach $640 billion annually to meet demand projections through 2030.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Gbenga KomolafeNigerian Upstream Petroleum Regulatory Commission (NUPRC)Oil Theft
SendShareTweetShare
Previous Post

130 Policemen, Guards Killed Fighting Banditry In Katsina

Next Post

Rotary Clubs Launch Maternal, Child Health Outreach At Durumi IDP Camp

Leadership News

Leadership News

You May Like

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates
News

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

2025/07/28
Fire Destroys 10 Shops In Adamawa
News

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2025/07/28
2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term
News

2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term

2025/07/28
Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions
News

Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions

2025/07/28
Japa: Medical Schools’ Bid To Double Students’ Intake Under Threat
Health

Nurses, Midwives To Begin 7-Day Warning Strike Tuesday

2025/07/28
Insecurity Threatens FCT Doctors’ Response To Emergencies —NMA
Health

NMA Gives Federal Gov’t 21-Day Ultimatum Over Unmet Demands

2025/07/28
Leadership Conference advertisement

LATEST

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term

Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions

Nurses, Midwives To Begin 7-Day Warning Strike Tuesday

NMA Gives Federal Gov’t 21-Day Ultimatum Over Unmet Demands

Makinde Allocates 1,000 Hectares Of Land To Curb Illegal Migration

By-election: Abas Urges Residents To Vote APC In Ibadan North

Residents Reject Oyo Govt’s Plan To Extend Rashidi Ladoja Circular Road

Nigeria Loses ₦17.9trn Yearly To Hepatitis — Minister

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.