• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 27, 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

NUPRC Transforming Nigeria’s Oil, Gas Sector – Report

by Leadership News
5 months ago
in Business
NUPRC
Share on WhatsAppShare on FacebookShare on XTelegram

A recent report by the Renewed Hope Ambassadors Network (RHAN) has highlighted the significant strides made by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in transforming the country’s oil and gas sector.

Advertisement

The report assesses the impact of the Petroleum Industry Act (PIA) and the efforts of NUPRC, which is led by Engr. Gbenga Komolafe.

The report notes that Komolafe’s leadership has made significant strides in restoring the lost glory of Nigeria’s oil and gas sector.

In the report signed by its secretary general, Fabian Opialu, the group said the commission has embraced digitalisation, ensuring real-time monitoring of oil production and compliance, which has helped curb crude oil theft and improved accuracy in production reporting.

Furthermore, the report also said the NUPRC had strengthened engagement with host communities, ensuring benefits from oil production reach local populations and has facilitated open dialogue and cooperation between government agencies, international investors, and host communities.

RELATED

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

2 hours ago
ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

7 hours ago

Despite these achievements, challenges persist, including oil theft, regulatory bottlenecks, and security threats.

To overcome these challenges, the report recommends that the NUPRC continue to enhance transparency and digitalisation and strengthen security measures by implementing cutting-edge surveillance technologies to address oil theft and pipeline damage.

The report also urged the commission to maintain improved stakeholder engagement and ensure continuous dialogue with host communities, international investors, and oil-producing firms.

“Undoubtedly, Nigeria’s oil and gas sector has undergone a dramatic transformation since the Petroleum Industrial Act (PIA) was passed,” the report said.

“It has contributed to the establishment of a well-organised regulatory environment with the goal of improving investment opportunities, efficiency, and transparency.

“In addition to ensuring that regulatory oversight is reinforced to support sustainable growth in the upstream petroleum sector, the establishment of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been crucial in advancing these reforms.

“However, with Engineer Gbenga Komolafe’s strategic foresight in increasing operational efficiency in NUPRC, it can be conclusively said that better than before, an atmosphere favourable to investment and economic expansion now exists.

“Despite putting policies like security enhancement, digitisation, stakeholder engagement, and revenue optimisation in place, challenges such as bureaucratic hurdles, host community concerns, and oil theft, though now at minimal, remain issues that require continuous attention and strategic interventions.

“We are convinced that with consistent implementation of reforms and a commitment to global best practices, the PIA and the efforts of the NUPRC will continue to shape Nigeria’s oil and gas industry, ensuring it remains a vital contributor to national economic development,” the report reads.


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: Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
SendShareTweetShare
Previous Post

Former Presidential Amnesty Students Tackle Detractors Of Otuaro

Next Post

NDLEA Nabs 24-year-old Thai Girl With Illicit Drug Consignments 

Leadership News

Leadership News

You May Like

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa
Business

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

2025/07/27
ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential
Business

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

2025/07/27
Caverton Champions Sustainable Marine Mobility With Award-winning Research
Business

Caverton Champions Sustainable Marine Mobility With Award-winning Research

2025/07/27
CORBON Inducts 420 Registered Builders, Announces Competition
Business

CORBON To Register, Train Additional Cadres Of Building Artisans

2025/07/27
Nigerians In Diaspora Invest $90bn In Economy – Commission
Business

FirstBank, NiDCOM’s New Platform Targets Safer Homeownership For Nigerians Overseas

2025/07/27
Nigeria Targets 2.7m MT Cereal Production Growth By By 2034
Agriculture

Nigeria Targets 2.7m MT Cereal Production Growth By By 2034

2025/07/27
Leadership Conference advertisement

LATEST

Bauchi Gov Warns Against Illegal Conversion Of Grazing Land To Farmlands

Man Arrested For Allegedly Assaulting Female Health Worker In Yobe

ActionAid Reaffirms Commitment To Rural Dev’t, Digital Empowerment

Osun APC Chieftain Tasks New Chairman On Anambra, Ekiti, Osun Guber Polls

Senate Denies Crack In Leadership Ranks

Singer Lynox Blends Music With Poise

Mbano Killings: IPOB Denies Involvement, Blames Security Agencies

Sanwo-Olu Inaugurates New 57 LG, LCDA Chairmen In Lagos

Barau Hails Super Falcons’ Historic 10th WAFCON Victory

FIFA Opens Major Africa Office In Rabat

© 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.