• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

NUPRC chief Oritsemeyiwa Eyesan unveils bold reforms to boost Nigeria oil output

Quadri Olaitan by Quadri Olaitan
January 14, 2026
in Business
0 0
0
Nigeria Oil Output
thenacre-campaign

NUPRC Chief Oritsemeyiwa Eyesan launches reforms to accelerate Nigeria oil output and improve regulatory efficiency in the upstream sector

Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), unveiled a sweeping reform agenda on Wednesday aimed at accelerating Nigeria oil output, enhancing regulatory efficiency and tightening hydrocarbon accountability.

Also read: NUPRC signature bonus cut signals positive licensing shift

The announcement took place at a stakeholder engagement in Lagos attended by members of the Oil Producers Trade Section, the Independent Petroleum Producers Group, emerging operators and other key industry participants.

Eyesan revealed that the commission had commenced a 90-day programme to fast-track approvals for near-ready Field Development Plans, well interventions, rig mobilisation and other “quick-win” opportunities capable of delivering early barrels to the market.

She described the initiative as a strategic effort to support the Federal Government’s target of raising crude production to two million barrels per day by 2027 and three million barrels per day by 2030.

Perfect-Aesthetic-social-1

According to a statement by the NUPRC’s Head of Media and Strategic Communication, Eniola Akinkuotu, Eyesan’s vision for the upstream sector rests on three pillars: production optimisation and revenue expansion, regulatory predictability and speed, and safe, governed, sustainable operations.

The agenda is closely aligned with President Bola Tinubu’s Renewed Hope Agenda, emphasising growth, transparency and accountability in Nigeria’s oil industry.

“The commission, going forward, will issue quarterly progress reports and ensure that all high-impact shut-in fields are prioritised for approval,” Eyesan said.

She disclosed that the programme has already started delivering results, including the reactivation of a long-dormant asset, while committing to full compliance with the Petroleum Industry Act within 12 months.

Eyesan also emphasised regulatory predictability, stating that the NUPRC will operate “like a service” with transparent rules, time-bound decisions, and published Service Level Agreements for major approvals.

Operators will benefit from a digital workflow for permitting, reporting, and data submission, alongside targeted interventions to address capacity gaps and accelerate project delivery.

As part of efforts to deepen engagement, Eyesan announced a monthly CCE–Operators Leadership Forum, which will bring together NNPC, OPTS, IPPG, and emerging producers to focus on approval timelines, production restoration, infrastructure integrity, and gas monetisation.

She highlighted the importance of strengthening hydrocarbon accounting to safeguard national revenue, insisting that every barrel produced must be tracked and discrepancies addressed promptly.

adron lemon friday

The NUPRC boss further confirmed the commission’s commitment to host communities by pledging engagement to reinforce the implementation of Host Community Development Trusts, a requirement under the Petroleum Industry Act.

Nigeria, Africa’s largest oil producer, has faced declining output in recent years due to underinvestment, oil theft, and regulatory delays.

Also read: NUPRC reveals unclaimed crude cargoes despite shortages

Eyesan’s leadership, marked by decades of technical and regulatory experience, signals a renewed drive to restore investor confidence, streamline approvals, and boost Nigeria oil output.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

uba 2
Business

UBA posts 40% earnings growth in H1 2024, declares N2.00 interim dividend

by Rtn. Victor Ojelabi
September 30, 2024
132242
Business

Dollar to Naira exchange rate for today March 1, 2023

by Quadri Olaitan
March 1, 2023
CAC Registrar general
Appointments

Garba now new CAC Registrar

by Freelanews
January 10, 2020
Nigeria poultry industry
Business

Nigeria poultry industry boosts agricultural GDP by 25%

by David Okere
October 10, 2025
Remi Tinubu akara call
Business

Nigerian food vendors react to the First Lady’s akara, moin moin empowerment call

by Rtn. Victor Ojelabi
June 28, 2026

Leave a Reply Cancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Featured,Stephanie Okechukwu, Nigerian Basketball, NCAA Women's Basketball, Texas Tech Lady Raiders, Nigerian Sports

Stephanie Okechukwu makes historic NCAA debut at 7’1″

November 7, 2026
images 2026 11 07T171831.927

Five killed in tragic Krakow market square shooting

November 7, 2026
images 2026 11 07T160135.096

Troops rescue three female kidnap victims in Plateau

November 7, 2026
Abdulaziz Yari 1782668895 1200x630 1

Yari says hardworking Nigerians can afford food amid hunger concerns

November 7, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
#image_title

17 mobile money operator companies licensed by CBN in Nigeria

March 22, 2023
Australia

Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

April 24, 2026
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Featured,Stephanie Okechukwu, Nigerian Basketball, NCAA Women's Basketball, Texas Tech Lady Raiders, Nigerian Sports

Stephanie Okechukwu makes historic NCAA debut at 7’1″

November 7, 2026
images 2026 11 07T171831.927

Five killed in tragic Krakow market square shooting

November 7, 2026
images 2026 11 07T160135.096

Troops rescue three female kidnap victims in Plateau

November 7, 2026
Abdulaziz Yari 1782668895 1200x630 1

Yari says hardworking Nigerians can afford food amid hunger concerns

November 7, 2026
ADVERTISEMENT
November 2026
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
2930 
« Oct    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • quotes 22

    ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0
  • CityPeople magazine rewards excellence at fashion and beauty awards (Photos)

    0 shares
    Share 0 Tweet 0

Just Published!

Featured,Stephanie Okechukwu, Nigerian Basketball, NCAA Women's Basketball, Texas Tech Lady Raiders, Nigerian Sports

Stephanie Okechukwu makes historic NCAA debut at 7’1″

November 7, 2026
images 2026 11 07T171831.927

Five killed in tragic Krakow market square shooting

November 7, 2026
images 2026 11 07T160135.096

Troops rescue three female kidnap victims in Plateau

November 7, 2026
Abdulaziz Yari 1782668895 1200x630 1

Yari says hardworking Nigerians can afford food amid hunger concerns

November 7, 2026
IGP Disu

IGP seeks rotary partnership to strengthen community policing

November 7, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.