Experts and industry watchers are urging support for ongoing reforms at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), highlighting the agency’s role in boosting transparency, governance, and investment in the country’s oil and gas sector.

According to Dr. Musa Garuba, Executive Director of the Centre for Energy Market Stability and Reforms, NUPRC’s recent initiatives have improved regulatory clarity, strengthened oversight, and made Nigeria a more attractive destination for global investors.

Garuba praised the leadership of NUPRC’s Executive Secretary, Gbenga Komolafe, for speeding up project approvals, improving compliance systems, and removing operational bottlenecks that previously slowed investment. The rise in rig counts, increased field development, and renewed interest from international operators are seen as clear indicators of these reforms’ success.

“The sector is becoming more predictable, and investors are responding to a regulator that demonstrates expertise, consistency, and commitment to long-term growth,” Garuba said.

The centre also highlighted NUPRC’s adoption of digital reporting tools and modern data management systems, which enhance transparency, efficiency, and competitiveness. With a new licensing round scheduled for December 2025, strong participation from global investors is expected.

Experts stress that continued support from government agencies, industry players, and partners is essential to maintain the progress achieved in Nigeria’s upstream oil sector and ensure the reforms have a lasting impact.