• NBS seeks deeper collaboration with commission on industry data
Emmanuel Addeh in Abuja
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on financial institutions to support operators in expanding domestic gas production, emphasising the importance of collaboration among regulators, financiers and players to unlock investment and accelerate growth in the sector.
The Commission Chief Executive, NUPRC, Oritsemeyiwa Eyesan, said this when top executives of Rand Merchant bank (RMB) visited the commission’s headquarters in Abuja, a statement by the NUPRC said yesterday.
“One critical element will be financing, and we are hoping that you and the financial world will be there to support us. We will ensure that the industry operates in accordance with the Petroleum Industry Act and all other regulatory instruments,” Eyesan said.
