The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to preventing and tackling corruption, promising to deliver an untainted 2025 Licensing Round.
The Commission Chief Executive, Engineer Gbenga Komolafe, made the promise at an event held at the Commission’s headquarters in commemoration of the International Anti-Corruption Day this week.
At the event which was put together by the Anti-Corruption and Transparency Unit (ACTU) of the Commission, Engineer Komolafe said corruption is not an abstract issue but a danger to Nigeria’s growth and prosperity.
He said in the oil and gas sector, where the stakes are high and revenues substantial, corruption can have devastating effects on national development.
The CCE therefore stressed that the role of the NUPRC in national development could not be overemphasized.
The NUPRC helmsman further noted that one of the major ways the Commission had been able to tackle corruption was by reducing human interference and promoting technology like in the 2024 Licensing Round.
He said, “The most compelling illustration of this reality was the Nigeria 2024 Licensing Round. For the first time in Nigeria’s upstream petroleum sector, bid submissions were conducted fully online; commercial bidding was digital