NEWS AGENCY OF NIGERIA

NUPRC boss seeks transparency, collective action to tackle corruption in oil, gas sector

110 total views today

 

By Lucy Ogalue

Mr Gbenga Komolafe, the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for unwavering commitment to eradicate corruption, particularly in Nigeria’s vital oil and gas sector.

Komolafe made the call  at a workshop organised by the commission to mark the International Anti-corruption Day on Monday in Abuja.

The News Agency of Nigeria (NAN) reports that the theme of the event is “United Against Corruption: Building Integrity for a Sustainable Future.”

Komolafe described the consequences of corruption, as a significant threat to the nation’s development and equity.

“Corruption deprives citizens of essential services, discourages investments, and erodes trust in public institutions, thus the importance of safeguarding the upstream petroleum industry.

He outlined transformative measures implemented by the NUPRC, such as the Oil and Gas Industry Service Permit (OGISP) portal, competitive bidding for petroleum licenses, and the HostComply platform, which have strengthened transparency and governance.

Komolafe praised the Anti-Corruption and Transparency Unit (ACTU) of the NUPRC for fostering a culture of integrity through awareness campaigns, system reviews, and whistleblowing mechanisms.

“These efforts have not only enhanced investor confidence but have also increased revenue inflows to the Federation Account,” he said.

Komolafe emphasised the importance of leadership in combating corruption, urging stakeholders, including government agencies, industry operators, and civil society, to unite in the fight against the menace.

“We must collectively ensure that Nigeria’s oil and gas resources become a blessing for all, not a privilege for a few. I urge Nigerians to embrace transparency as a personal and collective creed,’’ he said.

The NUPRC boss during the event recognised some outstanding staff members of the commission that had shown commitment to integrity with integrity awards.

The renowned Human Rights Activist and Senior Advocate of Nigeria (SAN) Femi Falana, on his part, challenged Nigerians to confront systemic corruption with bold reforms and decisive action.

Falana acknowledged the progress made by anti-corruption agencies like the ICPC and EFCC but emphasised that “corruption thrives where leadership lacks commitment.”

He called for a stronger political will to enforce existing anti-corruption laws.

Falana acknowledged the global complicity in perpetuating corruption, criticising Western nations for harboring stolen funds.

“The bulk of looted resources from Nigeria is warehoused abroad. Yet, these countries frustrate recovery efforts, betraying the ideals of the United Nations Convention Against Corruption,” he stated.

He also advocated for the redistribution of seized assets, suggesting that properties confiscated from corrupt officials be converted into affordable housing for Nigerian workers.

He reiterated the power of young Nigerians, particularly through social media, to drive anti-corruption campaigns, saying “If we can mobilise our youth to demand transparency and accountability, significant progress will be made”.

He also advocated for the redistribution of seized assets within the country, suggesting that properties confiscated from corrupt officials be converted into affordable housing for Nigerian workers.

Falana praised the NUPRC boss and its management for its transparency initiatives, urging other government institutions to replicate these efforts.

“Your leadership sets a precedent for fostering accountability and resisting undue influence,” he said.

Representing Dr Musa Aliyu, Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Mr Adigun Olusegun, lauded the NUPRC for its proactive anti-corruption initiatives.

“The establishment of the Anti-Corruption and Transparency Unit (ACTU) within organisations like NUPRC ensures the implementation of preventive mechanisms, fostering an ethical workforce and addressing lapses in operational systems.

“It is therefore important to sustain these efforts. We encourage ACTU to remain steadfast in its mandate while urging management to continue its unwavering support,’’ Aliyu said.

Delivering a paper on “Understanding and Mitigating Corruption in the Workplace, Mr Chidi Orji of ICPC said corruption eroded public trust and compromised critical sectors such as healthcare, infrastructure, and economic development.

“Corruption does not just affect the poor or the powerless; it impacts everyone, including its supposed beneficiaries.

Citing examples of procurement fraud and regulatory capture, Orji called for more rigorous enforcement and transparent processes, particularly in sectors prone to exploitation.

He said there was the need for technology-driven solutions to minimise human intervention in regulatory processes.

“We must innovate and adopt systems that eliminate opportunities for unethical practices, especially in sectors like oil and gas, where the stakes are high.

“Leadership must lead by example and the fight against corruption begins with ethical behavior from the highest levels of management and cascades down through all organisational layers.

“Corruption does not pay, it affects us all, and only by standing united can we shape a future of integrity and accountability,” he said. (NAN)(www.nannews.ng)
edited by Sadiya Hamza

Tinubu tasks NUPRC, industry players on crude production

589 total views today

By Emmanuella Anokam

President Bola Tinubu has tasked industry players to collaborate with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in realising its One Million Barrels Oil Per Day (1MMBOPD) Initiative.

Tinubu said this on Monday in Abuja during the inauguration of Project 1MMBOPD Initiative and commemoration of the third anniversary of the NUPRC under the Petroleum Industry Act (PIA 2021).

The project is an NUPRC collaborative initiative to evolve alternative funding mechanisms to unlock incremental oil production in the short-to-medium term with expanded opportunities for all industry stakeholder groups.

Represented by Sen. George Akume, Secretary to the Government of the Federation, Tinubu charged relevant industry stakeholders to join NUPRC in realising set goals of incremental oil production target within specific timelines.

He said the shared responsibility initiative would be a collaborative undertaking, involving government agencies, major producers, service providers, financiers, host communities and other stakeholders.

This, he said, would expand government revenue, eradicate poverty and increase Gross Domestic Product (GDP) in a sterile, shared prosperity.

“These commitments will be critical in ensuring that we achieve an incremental production in the next 12 months. Growing not just production levels, but also increasing efficiency and competitiveness of our industries.

“This initiative is of national importance and it should support Nigeria’s economic recovery and growth,” the president said.

The president said his administration while focusing on decarbonisation approaches to oil and gas, a renewed drive for economic diversification, usage of oil and gas industrials and development, remained intact.

He expressed delight that the sector had witnessed major financial and investment decisions across the value chain, since inception of the reform.

“To this end, we must work more subtly to grow production, meet domestic energy security needs and shore up foreign exchange gains.

“I congratulate all active oil and gas industry players for the modest gains in oil production which rose to 1.6 million barrels per day.

“I am pleased that the NUPRC, working with industrial stakeholders has transformed that executive charge into a tangible measure set as progress to one million barrels per day in oil and gas production.

“By enhancing domestic energy security and supporting growing vibrancy, this initiative will ensure that Nigeria remains a crucial player in the global energy asset and means of worldwide energy transition.

“Increased oil production will mean more job opportunities, increased revenue for the government, and more stable energy supply for the assets,” he said.

Tinubu commended the Ministers of State for Petroleum Resources (Oil and Gas), NUPRC, NNPC Ltd., industry captains and oil producing organisations for delivering to contemporary challenges to foster development. (NAN)(www.nannews.ng)

Edited by Rabiu Sani-Ali

Litigations delay implementation of host communities trust fund – Stakeholders

981 total views today

By Emmanuella Anokam

The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), says litigations is delaying the Host Community Development Trust (HCDT) Fund creation and implementation.

HOSTCOM said pending issues by host communities in choosing members and chairman of the Board of Trustees (BoT), also delayed the implementation of the HCDT funds.

Dr Benjamin Tamaranebi, National President, HOSTCOM, gave the clarifications on Thursday in Abuja, while reacting to claims on the Host Community Project Funding in Akwa Ibom.

The HCDT is responsible for managing and distributing oil company funds to the host communities, ensuring that resources are used effectively for community development projects.

Host communities in Akwa Ibom had decried delayed release of funds by oil companies to HCDT, alledging that it hindered projects implementation outlined in their respective development plans.

Community representatives from HCDT in Ibeno, Eket, Mbo, Esit Eket, Uruan and Ikot Abasi LGAs, chided the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC), for its inability to enforce statutory sanctions on defaulting oil companies.

However, Tamaranebi dismissed as “unfounded,” alleged delays in funding development projects in host communities in Akwa Ibom.

“We must state clearly that some of the delays of HCDTs creation are caused by community members and litigations over who wants to be a member and chairman of the Board of Trustees which has nothing to do with NUPRC.

“So, we advise communities to conduct themselves properly for the benefit of the HCDT funds,” he said.

Dr Benjamin Tamaranebi, National President, HOSTCOM

He said the NUPRC initiated the HCDTs Forum to meet with community representatives through its HCDT trustees, to address broader issues and grievances ensuring continuous dialogue between host communities and the operators.

The national president said the forum had promoted transparency and accountability towards ensuring that community voices are heard at a higher level.

Tamaranebi said there was registration of reputable 34 asset/fund manager to invest 20 per cent of the three per cent Operating Expenses or Expenditure (OPEX) on behalf of the trusts.

“Some of the trusts are already benefiting from the dividend of this investments.

“These achievements underscore the commitment of the NUPRC and Settlors to the sustainable development of host communities.

“We encourage all stakeholders, including community members and operators, to maintain open lines of communication with the HOSTCOM or NUPRC,” he said.

On project implementation, Tamaranebi urged parties to engage with HOSTCOM directly for resolution rather than resorting to public statements that may misinform or escalate tensions.

He said HOSTCOM was actively monitoring the situation in Akwa Ibom and other states, to advocate for the rights and developmental needs of local communities. (NAN)(www.nannews.ng)

Edited by Chijioke Okoronkwo

You cannot copy content of this page

X
Welcome to NAN
Need help? Choose an option below and let me be your assistant.
Email SubscriptionSite SearchSend Us Email