Nigerian Stakeholders Oppose New Oil and Gas Decommissioning Commission, Citing Redundancy and Corruption Concerns

Stakeholders in Nigeria, led by Henri Abba, are vehemently against the proposed establishment of the National Commission for Decommissioning Oil and Gas Installations (NC-DOGI) as outlined in the NC-DOGI Bill 2024. They argue that creating a new commission would be redundant and lead to wastage of scarce resources.

The stakeholders believe that existing regulatory bodies like the NUPRC and NMDPRA are already equipped to handle decommissioning activities. They fear that the NC-DOGI would breed confusion, scare investors, and open avenues for corruption.

Abba emphasizes that the Petroleum Industry Act (PIA) signed four years ago has not been fully implemented, questioning the need for a new commission. Stakeholders plan to challenge the bill through legal means and public protests.