Akume Advises NUPRC Board On Governance, Accountability

The secretary to the government of the federation (SGF),  Senator George Akume, has charged members of the board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to uphold the highest standards of corporate governance, ensure accountability and transparency, and work constructively with management and stakeholders while maintaining regulatory independence.

He also tasked the board of the National Agricultural Land Development Authority (NALDA) to scale up its programmes across more states, strengthen the use of technology, and expand opportunities for youth and women in agriculture.

Akume gave the charge on yesterday in Abuja during the separate inaugurations of the boards of NUPRC and NALDA, describing the ceremonies as significant milestones in the federal government’s drive to strengthen governance frameworks, deepen sectoral reforms, and accelerate inclusive national development.

At the inauguration of the NUPRC board, the SGF in a statement by his spokesman, Yomi Odunuga, said the exercise marked a critical step in the implementation of the Petroleum Industry Act (PIA), which was enacted to reposition Nigeria’s petroleum industry through enhanced regulatory clarity, institutional independence, accountability, and adherence to global best practices.

He noted that the establishment and inauguration of the board underscore the federal government’s unwavering commitment to ensuring that Nigeria’s upstream petroleum resources are managed transparently, efficiently, and in the best interest of the Nigerian people.

According to him, as the apex governance body of the commission, the board is expected to provide strategic oversight, policy direction, and institutional stability necessary to enhance investor confidence, optimise revenue generation, and promote sustainable development within the upstream sector.

The SGF emphasised that the appointments of Board members reflect a deliberate selection of individuals with proven competence, integrity, and professional experience, expressing confidence that their collective expertise would strengthen the Commission and advance the objectives of the PIA.

“Members of the board, your charge is clear. You are to uphold the highest standards of corporate governance, ensure accountability and transparency, and work constructively with management and stakeholders while maintaining regulatory independence,” he said.

He further stressed that integrity, diligence, and fidelity to the law must guide all decisions of the Board, noting that public trust and national interest depend heavily on their stewardship.

Senator Akume reiterated that the inauguration aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which places premium on strong institutions, the rule of law, and integrity in public service.

He added that effective regulation of the upstream petroleum sector remains central to Nigeria’s economic growth, energy security, and long-term fiscal sustainability.

In a separate ceremony inaugurating the NALDA Board, the SGF reaffirmed the Federal Government’s commitment to agricultural transformation as a key pillar of national development, describing the Authority as a strategic vehicle for poverty eradication, food security enhancement, job creation, and rural transformation.

He highlighted NALDA’s statutory mandate to drive agricultural land development and noted the Authority’s recent progress through flagship initiatives such as the Renewed Hope Mega Farm Estates, which are being developed as modern, mechanised agricultural hubs with integrated irrigation systems, processing infrastructure, and clustered settlements for farmers.

He further pointed to complementary programmes including the Renewed Hope Restoration Project targeted at persons of concern, the Green Hope Project focused on climate-smart greenhouse farming for year-round production, and the Aqua Hope Project designed to expand structured aquaculture systems and boost productivity.

According to the SGF, these initiatives are already yielding positive outcomes in increased food production, employment generation, and rural economic development, while also aligning with the administration’s broader objectives of economic diversification and inclusive growth.

“As we look ahead, NALDA is expected to scale up its programmes across more states, strengthen the use of technology, and expand opportunities for youth and women in agriculture,” he said.

In his response, Chairman of the Board NUPRC, Senator Magnus Abe, expressed profound gratitude to President Tinubu for their appointment amid millions of qualified Nigerians, and praised Akume’s exemplary role in the selection and confirmation process.

“We are very grateful to the President and we want to assure him through you that we will not disappoint him,” Abe said