NUPRC tasks IPPG on industry standards, human capital development
Abuja, April 2026 (TBL Africa) The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has charged the Independent Petroleum Producers Group (IPPG), to uphold industry standards to strengthen human capital development.
The commission also urged the group to work toward promoting good corporate governance.
Mrs Oritsemeyewa Eyesan, Commission Chief Executive, NUPRC, said this during a courtesy visit by the IPPG Chairman, Mr Adegbite Falade, in Abuja.
This is contained in a statement on Tuesday by Eniola Akinkuotu, Head, Media and Corporate Communications, 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.
