The chief executive of NUPRC, Engr. Gbenga Komolafe, announced the implementation of these projects at the inauguration of the Metering Audit and Advance Cargo Declaration Project Teams, on Wednesday, in Abuja.
Recall that the Federal Executive Council (FEC) had approved a $21 million contract to audit metering and measurement equipment in the 187 oil flow stations in the country and also put in place an advance cargo declaration solution. These initiatives as earlier announced by minister of state for Petroleum Resources Heineken Lokpobiri, aims to enhance monitoring and accountability in crude oil production and distribution, addressing rampant oil theft.
Speaking during the inauguration of the project monitoring teams, Engr. Komolafe, who announced a four-month deadline for the completion of the projects, emphasised that these initiatives are in line with the Commission’s mandate to ensure optimal government revenues from upstream petroleum operations, as specified in the Petroleum Industry Act (PIA) 2021.
