CeFTIW Participates at NUPRC Licenses Issuance Ceremony, Commends Compliance with Petroleum Industry Act

Given its strategic role in promoting best practices in the nation’s public sector, the Center was honored with an invitation by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to monitor and participate at the issuance ceremony of Petroleum Prospecting Licenses (PPLs) to successful Awardees of Marginal Fields in the 2020 Bid Round, in line with provisions of the Petroleum Industry Act, 2021 (PIA).

The Center commends the Commission and considers this compliance with extant law in the nation’s oil industry as an important step in improving transparency of the sector. We seized this opportunity to call on other government agencies to emulate this transparency process, and comply with relevant laws guiding their operations.

The event also featured the unveiling of the implementation template for the Host Communities Development Trust (HCDT), which would positively impact on the wellbeing of host communities and foster cordial relationship between host communities and upstream oil and gas operators.

The Center remains committed to supporting meaningful governments efforts at promoting transparency, accountability and good governance through advocacies and other technological measures.

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