• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, October 27, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Gov’t Approves 37 New Evacuation Routes To Curb Oil Theft

Ruth Nwokwu by Ruth Nwokwu
1 year ago
in News
Gbenga Komolafe

Chief Executive of NUPRC, Engr. Gbenga Komolafe

Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the federal government has approved 37 new crude oil evacuation routes as part of strategic efforts to combat oil theft and enhance production.

Speaking at the ongoing 2025 Nigeria Oil and Gas (NOG) Energy Week in Abuja, NUPRC Chief Executive Officer, Gbenga Komolafe, said protecting the country’s oil assets remains a top priority for the government and regulators.

According to him, the newly approved routes, in combination with improved coordination with security agencies, were already yielding results by reducing crude oil theft and enhancing transparency in the sector.

“Our drive on domestic crude supply obligation is guaranteeing feedstock for local refineries, strengthening domestic supply chains and boosting economic resilience,” Komolafe said.

He also highlighted the impact of the commission’s HostComply platform, which he said has brought transparency and measurable benefits to oil-producing communities, promoting peace and securing the industry’s social licence to operate.

“At the same time, our full-scale digitisation efforts are transforming regulatory oversight—delivering speed, efficiency, and clarity to investors,” he added.

Komolafe noted that under the leadership of President Bola Tinubu, Nigeria’s energy sector was undergoing a historic transformation, having attracted over $16 billion in investment commitments within the past two years.

He credited the progress to the Petroleum Industry Act (PIA) 2021, which laid the foundation for ongoing reforms, and the 2024 Executive Orders—specifically Executive Order 40 (fiscal incentives), Executive Order 41 (local content), and Executive Order 42 (cost efficiency and contract timelines)—which have accelerated investment inflows.

RELATED NEWS

FULL LIST: All You Need To Know About Harry Kane As He Wins 2026 Ballon d’Or

JUST-IN: Bauchi Hisbah Boss, Aminu Balarabe Resigns

Tinubu Orders Arrest Of Killers Of Islamic Preacher, Friend In Katsina

“These bold reforms and clear policy directions have repositioned the Nigerian oil and gas sector to deliver greater energy security, sustainability, and economic resilience,” Komolafe stated.

He also emphasised the need for sustained global investment in the oil and gas industry, noting that the sector currently supplies over 50 per cent of the world’s energy needs and was expected to remain dominant through 2050.

“To meet this demand, annual upstream investments of $640 billion are required through 2030—amounting to over $4 trillion in total,” he warned. “Failure to meet this demand will threaten global stability. Let it be said: the global demand remains strong. Nigeria and Africa cannot afford to ignore this.”

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

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Ruth Nwokwu

Ruth Nwokwu

Ruth Nwokwu is an investigative digital journalist, broadcast journalist, and media presenter with extensive experience covering politics, governance, entertainment, and social issues. She is known for deeply researched, original stories that deliver clarity, context, and insight into complex topics, earning her a reputation as a trusted voice in contemporary journalism.

OTHER NEWS UPDATES

FULL LIST: All You Need To Know About Harry Kane As He Wins 2026 Ballon d’Or
Sport

FULL LIST: All You Need To Know About Harry Kane As He Wins 2026 Ballon d’Or

4 minutes ago
JUST-IN: Bauchi Hisbah Boss, Aminu Balarabe Resigns
News

JUST-IN: Bauchi Hisbah Boss, Aminu Balarabe Resigns

9 minutes ago
Tinubu Hails Team Nigeria’s 24-Medal Haul At Glasgow Commonwealth Games   
Crime

Tinubu Orders Arrest Of Killers Of Islamic Preacher, Friend In Katsina

10 minutes ago
Next Post
Court Sentences Kano TikToker ‘Tsulange’ To Jail Over Indecent Conduct

Court Sentences Kano TikToker 'Tsulange' To Jail Over Indecent Conduct

LATEST UPDATE

FULL LIST: All You Need To Know About Harry Kane As He Wins 2026 Ballon d’Or

4 minutes ago

JUST-IN: Bauchi Hisbah Boss, Aminu Balarabe Resigns

9 minutes ago

Tinubu Orders Arrest Of Killers Of Islamic Preacher, Friend In Katsina

10 minutes ago

Why NCE Candidates Are Exempted From UTME — JAMB Registrar

12 minutes ago

Toluwanisings’ Grandmother Opposes Cemetery Burial

13 minutes ago

CAN Condemns Threats To Kill Christians In Viral Video, Demands Swift Action

14 minutes ago

Ballon D’Or 2026: Spain’s Luis de la Fuente Wins Men’s Coach Of The Year Award

15 minutes ago

Tinubu Has Done More To Address Poverty Than Previous Presidents – Morka

28 minutes ago

3 Years After Blight Outbreak, BOA Projects $3bn Ginger Economy

28 minutes ago

37 Suspected Miners Died From Suffocation In NSCDC Custody – FG Panel

31 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

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

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.