The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have strengthened their collaboration to improve regulatory efficiency and accelerate economic growth through increased investment in Nigeria’s oil and gas sector.
The renewed partnership was formalised at a meeting held at the NUPRC headquarters in Abuja, where both agencies agreed on coordinated regulatory actions aimed at reducing bottlenecks, improving operational clarity, and creating a more predictable environment for investors across the value chain.
As part of the collaboration, the regulators nominated dedicated representatives to jointly resolve regulatory issues and committed to holding quarterly meetings to ensure seamless coordination. These measures are expected to enhance ease of doing business, support faster project execution, and unlock new investments critical to national revenue generation and energy security.
Speaking on the development, NUPRC Chief Executive, Oritsemeyiwa Eyesan, emphasised that effective cooperation between upstream, midstream, and downstream regulators is essential to sustaining economic expansion. She noted that the oil and gas industry remains a major driver of Nigeria’s economy, contributing significantly to government revenue, foreign exchange earnings, and job creation.
Eyesan explained that clear alignment between regulatory bodies will help eliminate overlaps, improve policy implementation, and strengthen investor confidence, all of which are necessary for the sector to grow and deliver broader economic benefits.
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