NUPRC Hailed On Transparency, Efficiency In Petroleum Regulation

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been commended for transparency and ratio by the Public Space Tracker successful West Africa.

In a statement, the organisation commended NUPRC Chief Executive, Engr. Gbenga Komolafe, for mounting a caller benchmark for accountability and ratio successful Nigeria’s lipid and state sector.

According to the group’s convener, Dr. Ousman Zaharadeen, the committee has demonstrated “remarkable openness, argumentation innovation, and integrity” since Komolafe assumed office.

“Engr. Komolafe has proven that with purposeful leadership, a authorities instauration tin beryllium some transparent and efficient. The NUPRC has excelled successful publishing credible information, engaging stakeholders sincerely, and ensuring that Nigeria’s petroleum resources are managed with fairness and accountability,” Zaharadeen said.

The radical noted that NUPRC’s accordant merchandise of accumulation data, licensing details, and gross remittances has restored capitalist and nationalist assurance successful the petroleum industry. It added that these practices person enhanced Nigeria’s planetary representation successful assets governance.

The connection besides highlighted the commission’s reforms nether the Petroleum Industry Act (PIA), real-time monitoring of crude production, beardown oversight against leakages, and improved engagement with big communities.

Public Space Tracker further applauded NUPRC’s relation successful tackling lipid theft, stressing that its transparency thrust has been captious to boosting authorities revenues and ensuring inclusive extractive governance.