NUPRC Urges Indigenous Producers to Invest in Skills

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), led by Chief Executive Oritsemewe Eyesan, has called on indigenous oil producers to urgently invest in human capital development to bridge the talent gap and enhance industry standards. During a visit to the Independent Petroleum Producers Group (IPPG) in Abuja, Eyesan warned that without significant investment in skills, the industry could face a crisis that would undermine its long-term viability.

She highlighted the need for local firms to take greater responsibility following the exit of international oil companies, which has left a void in technical expertise and training. Eyesan stressed that the global perception of Nigeria's oil and gas sector is at stake, as weak capacities could deter investors.

She also noted the NUPRC's commitment to regulatory support and the transition to a paperless system aimed at improving efficiency and transparency. The NUPRC emphasized the importance of strict compliance with the Petroleum Industry Act of 2021 to sustain investor confidence.