The Nigerian Upstream Regulatory Commission (NUPRC) said Friday it has launched a cutting-edge online platform designed to ease regulatory compliance and oversight functions in the oil and has sector.
At the launching of the app in Abuja, the agency said the online platform will also enable operators in the sector to meet regulatory requirements in a timely, efficient, and cost-effective manner.
According to the commission, the app ‘HostComply’ is to streamline reporting of environmental, social and governance (ESG) management for operators, host communities, and regulators, a cardinal requirement of the Petroleum Industry Act (PIA) 2021.