NUPRC Unveils Plans to Boost Indigenous Capacity and Attract Investors

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced new initiatives aimed at strengthening indigenous capacity and boosting investor confidence in Nigeria’s oil and gas sector.

The plans were unveiled at the 2025 Nigerian Oil and Gas Opportunity Fair (NOGOF), where industry leaders gathered to discuss strategies for sustainable growth.

Speaking at the event, Commission Chief Executive, Engr. Gbenga Komolafe, represented by Executive Commissioner for Health, Safety, Environment and Community, Capt. John Tonlagha, emphasized the importance of deepening local expertise and creating a more investor-friendly environment. He stated that the commission is committed to regulatory transparency, infrastructure development, and sustainable upstream investments to reposition Nigeria’s oil and gas industry.

Komolafe highlighted the Upstream Decarbonization and Sustainability Blueprint, a roadmap designed to achieve low-carbon operations and align Nigeria with global net-zero aspirations. He also pointed to the Host Community Development Trust (HCDT), established under the Petroleum Industry Act (PIA) 2021, as a key instrument for fostering inclusive development.

The NUPRC boss reiterated that while attracting investment is crucial, industry operators must also prioritize environmental responsibility and community engagement. He assured stakeholders that the commission is working to ensure legal and fiscal frameworks that promote sustainable production and long-term growth.