NUPRC Warns Skills Gap Threatens Nigeria's Oil Sector Growth

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), led by Chief Executive Oritsemewe Eyesan, has issued a warning that a significant skills gap poses a threat to the growth of Nigeria's oil sector. During a visit to the Independent Petroleum Producers Group (IPPG) in Abuja, Eyesan urged indigenous operators to invest urgently in human capital development to mitigate risks that could undermine the industry's long-term viability.

She highlighted the importance of maintaining industry standards and promoting good corporate governance. The NUPRC has noted that the exit of international oil companies has reshaped Nigeria's upstream landscape, increasing the responsibility of local firms.

However, the gradual exit of multinational firms has left a void in technical expertise, creating challenges for indigenous companies in filling this gap. Eyesan stressed that without deliberate investment in skill capacity, the industry could face a crisis that would affect Nigeria's global standing and competitiveness in the energy market.