HomeBusinessNUPRC dey joggle fees wey dey disturb oil sector

NUPRC dey joggle fees wey dey disturb oil sector

My people, chook ear here! NUPRC and dem oil producers wey dey call OPTS don gather as dem wan face the plenty fees and rents wey dey make our oil sector dey tired. Na for Abuja dem meet, and Mrs. Oritsemeyiwa Eyesan, di CEO of NUPRC, no waste time to yarn say dem dey serious for this matter.

For di press statement wey Mr. Eniola Akinkuotu release, Eyesan talk say, “We dey work with di industry to synchronise di fees and rents we dey collect.” Dis one mean say dem wan reduce all di unnecessary costs wey dey make operators for di oil and gas sector dey spend plenty change.

Dem two bodies, NUPRC and NNPC, na government babies, so dem get common goals. Eyesan talk say, “As di main players for di industry, we dey focused to make sure say we no let dis golden opportunity waka pass us by.” Dem dey plan how to fit make di environment better for business to flow well.

She don even yarn say dem dey look into di way dem dey measure and account for hydrocarbon. Dem don complete di first phase by auditing wetin dem get already, and di second phase go soon start to implement new metering standards. Dis go involve setting up data center and ensuring say all di meters across di locations na standard.

Di Host Community Development Trust (HCDT) don dey work fine, but Eyesan stress say dem need to use di money well so di communities go fit enjoy and peace go dey. She also talk say NNPC gatz join for di 2025 licensing round make dem dey explore more resources.

Engineer Bayo Ojulari, wey be di GCEO of NNPC, come talk say dem need to build better relationship between NNPC and di regulator. E praise Eyesan well-well for di job wey she don do since she take over. According to am, NUPRC don show beta leadership when it come to regulation, promoting transparency and making di environment good for investment.

Ojulari mention say dem don launch national gas master plan wey go help increase Nigeria gas production; he talk say projects like OB3 and AKK gas pipeline dey progress well. But at di same time, e stress say dem need to reduce di cost of operation if dem wan attract investment and boost energy security for di country.

He talk say NUPRC role dey very important for dis whole matter, and di success of NNPC dey balanced with di regulatory work wey dem dey do. Dis partnership go help Nigeria collect more value from di oil and gas sector. Na we go dey chop di koko at di end, my people!


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