The Senate Committee on Public Accounts has issued a 72-hour ultimatum to the Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and other government agencies to appear before it over unresolved audit queries. The directive was issued on Monday after…
By Tajudeen Suleiman On July 21, 2026, Nigeria’s upstream petroleum regulator, the Nigerian National Upstream Petroleum Regulatory Commission (NUPRC), unveiled the 31 companies that emerged as winners of 37 oil and gas blocks after what observers described as a rigorous evaluation process ultimately determined through a computer-based bid evaluation system designed to eliminate human interference….
Nigeria has surpassed its crude oil production quota set by the Organization of the Petroleum Exporting Countries (OPEC), recording its highest output in more than six years. According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country produced an average of 1.56 million barrels of crude oil per day (mbpd) and 0.18 million barrels…
The Nigerian Upstream Petroleum Regulatory Commission has launched an investigation into a gas bubbling incident in Bille Community, raising concerns over safety, environmental impact, and public health. Gas bubbling occurs when underground gas escapes to the surface through soil or water, often forming visible bubbles and posing potential risks to nearby residents. In a statement, the commission’s chief…
Nigeria’s oil sector lost an estimated N1.76 trillion in potential revenue due to its failure to meet the production quota set by the Organisation of the Petroleum Exporting Countries (OPEC) from January 2025 to January 2026. Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that the country’s crude oil production fell below the…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has cautioned members of the public against fraudulent individuals claiming to offer contracts on behalf of the Commission. In a statement issued on Monday, the Head of Corporate Communication and Media, Eniola Akinkuotu, disclosed that unscrupulous persons have been using name-dropping and misinformation on social media to deceive…
The Senate is expected to confirm on Friday President Bola Tinubu’s nominees to head Nigeria’s two key petroleum regulatory agencies following their screening on Thursday by the Committee of the Whole. The nominees are Engineer Saidu Muhammad, designated as Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Oritsemeyiwa Amanorisewo…
Abuja, Nigeria – October 6, 2025The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a dramatic resurgence in Nigeria’s oil and gas sector, highlighting a 762% increase in rig count and over $40 billion in new investments — four years after the enactment of the Petroleum Industry Act (PIA). In a statement released on Sunday…
Members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday barricaded the Nigerian National Petroleum Company Limited (NNPCL) headquarters in Abuja, alongside the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC) offices, kicking off a nationwide strike. The protest follows the alleged illegal dismissal of…
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), earned N5.21 trillion from crude oil, gas, and related activities between January and June 2025. This marks 42.7% of the total N12.2 trillion revenue recorded for the entire 2024 fiscal year. However, the half-year figure represents just 34.7% of the N15 trillion target set…
