“Oil and gas sector has undergone transformation”: Tinubu’s group hails NUPRC

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  • The Renewed Hope Ambassadors Network (RHAN) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
  • The Pro-Tinubu group said NUPRC under the leadership of Engr. Gbenga Komolafe is transforming Nigeria’s oil and gas sector
  • The secretary general of the group, Fabian Opialu, said NUPRC has recorded significant strides in restoring the lost glory of the oil and gas sector in the country

Renewed Hope Ambassadors Network highlights NUPRC strides in oil and gas
Photo credit: stock photoSource: Getty ImagesUndoubtedly, Nigerias oil and gas sector has undergone a dramatic transformation since the Petroleum Industrial Act (PIA) was passed, Renewed Hope Ambassadors Network says NUPRC has curb crude oil theft and improved accuracy in production reporting.
Photo credit: Stock photoSource: Getty ImagesDespite putting policies like security enhancement, digitization, stakeholder engagement, and revenue optimization in place, challenges such as bureaucratic hurdles, host community concerns, and oil theft, though now at minimal, still 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 Nigerias oil and gas industry, ensuring it remains a vital contributor to national economic development.Petroleum sector attracts $5m foreign Investment

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