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NUPRC urges new licence holders to support Nigeria’s 2mbpd oil production target

NUPRC urges new licence holders to support Nigeria’s 2mbpd oil production target

By GhanaSummary NewsroomNigeria

By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged newly awarded holders of Petroleum Prospecting Licences (PPLs) to fast-track the development of their assets to support the Federal Government’s target of increasing crude oil production to two million barrels per day by 2027.

Amadasu assured the new licence holders of the Commission’s support, saying NUPRC remains committed to providing the necessary assistance to facilitate the successful development of their assets.

Eyesan also underscored the importance of host community relations, stressing that responsible engagement with host communities is essential for sustainable operations and the successful development of oil assets.

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