The presidency has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its outstanding performance, following the agency’s disclosure that it generated a record N20.4tn in revenue over a three-year period.
In 2024 alone, the upstream regulator posted a revenue of N12.25tn, up from the N4.3tn generated in 2023.
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In a statement by Tinubu’s special adviser on information and strategy, Bayo Onanuga, the presidency described the achievement as a testament to the effectiveness of his administration’s reforms in the oil and gas sector, praising the Gbenga Komolafe-led commission for its transparency, efficiency, and commitment to national development.….KINDLY READ THE FULL STORY HERE▶