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NIMASA and NUPRC Join Forces to Enhance Investment Climate

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have established a partnership aimed at improving the investment climate in Nigeria's maritime and upstream petroleum sectors. During a visit to NIMASA's headquarters in Abuja, NIMASA's Director General, Dr.

Dayo Mobereola, and NUPRC's Chief Executive, Mr. Oritsemeyiwa Eyesan, emphasized the importance of closer regulatory collaboration.

They pledged to address operational bottlenecks and streamline compliance processes to maximize revenue for the federal government. The agencies discussed aligning regulatory oversight to support indigenous participation and strengthen environmental protection while ensuring robust safety standards in upstream oil and gas operations.

The harmonized actions between NIMASA and NUPRC are expected to enhance project efficiency and attract global energy investments, reinforcing their commitment to environmental stewardship and regulatory enforcement.

Plus234Feed summary based on reporting from Ships & Ports. Read the original report below.

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