NUPRC urges IPPG to prioritize industry standards, enhance human capital development
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on the Independent Petroleum Producers Group (IPPG) to adhere to industry standards in order to enhance human capital development.
The commission also encouraged the group to prioritize the promotion of strong corporate governance practices.
Mrs. Oritsemeyewa Eyesan, the Commission Chief Executive of the NUPRC, made this appeal during a courtesy visit by IPPG Chairman, Mr. Adegbite Falade, in Abuja.
This was announced in a statement issued on Tuesday by Eniola Akinkuotu, Head of Media and Corporate Communications at the NUPRC.
Eyesan described the IPPG as a significant force in the industry, particularly following the divestment of international oil companies.
According to Eyesan, the commission values its relationship with the group.
She emphasised adherence to the provisions of the Petroleum Industry Act (PIA), 2021, underscoring the importance of human capital development and strong corporate governance.
“One area I think we need to spotlight is human capital development. As the industry grows, there is a tendency of default and if we allow that to fester, it will hurt all of us.
“Because we are in a global market, the financiers are rating Nigeria; they are not rating companies, and if we do not bring our human capacity to par, then we will be creating a big problem for ourselves.
“As a pressure group, you should hold yourselves to a standard, I think that is one of the things the International Oil Companies (IOCs) have done very well,” she said.
Eyesan reiterated the commission’s commitment to its mandate as a business enabler, assuring that it would continue to be responsive to industry needs in line with the aspirations of President Bola Tinubu.
The NUPRC boss said the commission has gone paperless as part of its commitment to digitise its operations.
“When I took over, we realised we needed to transform, and we set up a transformation team. We are happy to announce that on April 18, 2026, we went paperless, and everybody collaborated to make it happen,” Eyesan said.
The statement also quoted Falade, as commending Eyesan for the renewed hope leadership in the commission.
Falade said the industry has experienced noticeable changes since Eyesan assumed office in December 2025.
“You have not been here for long, but the signs are very clear as to your dynamic leadership. We will not stop emphasising that because we do not take it for granted.”
Falade, who is also the CEO of Aradel Holdings, urged the commission to regularly consult with the IPPG.
“You can always count on and trust that the Nigerian agenda is at the heart of our mandate,” he said.
