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NUPRC Affirms Commitment to Ease Burdens in Oil Bid Round

NUPRC

By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed the country’s commitment to break all entry barriers for potential investors ahead of the country’s anticipated oil bid round. This was disclosed by Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, during the opening of the Nigerian Pavilion at the Offshore Technology Conference (OTC) on Monday in Houston, Texas in the United States. He noted that the federal government was committed to giving robust incentives to new entrants in the commencement of oil bid licensing round which will commence later in the year, adding that in line with the mandate

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