The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has issued seven new regulations aimed at providing a regulatory environment that assures efficiency, predictability, clarity and effectiveness to the Nigerian oil and gas sector.
NUPRC Chief Executive Gbenga Komolafe disclosed this in a statement on Thursday.
Mr Komolafe said the new regulations were signed and issued at the commission’s headquarters in a ceremony witnessed by Ogonnaya Orji, the Executive Secretary of the Nigerian Extractive Industry Transparency Initiative (NEITI) on Thursday.