Frank Okon

The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially resumed duties, pledging to strengthen the Commission’s capacity to deliver on its mandate.

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Chairman of the board, Senator Magnus Abe, gave this assurance on Tuesday at the Commission’s headquarters shortly after the inauguration. He said the board would work closely with management to improve performance and contribute to national development.

“We are here to work with you strategically,” Abe said. “Our goal is to collaborate effectively to uplift the Commission and support the country.”

He explained that the board’s core responsibility is to provide leadership and oversight, adding that improving the Commission’s working environment is a top priority. According to him, securing a more suitable office space is critical to boosting staff productivity.

“I believe getting proper office accommodation should come before any other priority,” he said.

In her remarks, the Commission Chief Executive, Oritsemeyiwa Eyesan, congratulated the new board and stressed the importance of their role in guiding the agency in line with the Petroleum Industry Act.

She noted that the board’s inauguration comes at a crucial time for the global oil and gas industry, which is experiencing volatility due to geopolitical tensions in the Middle East and the ongoing energy transition.

“The industry is facing uncertainty driven by global events,” she said. “Nigeria must position itself to respond effectively to both the energy transition and external disruptions. I believe the Commission is prepared for any shocks that may arise.”

Eyesan also reaffirmed management’s commitment to ongoing reforms within the sector.

Earlier, Secretary to the Government of the Federation, Senator George Akume, said the inauguration reflects the Federal Government’s commitment to strengthening governance in the petroleum sector. He emphasized that the board is expected to provide strategic direction, ensure institutional stability, and boost investor confidence.

“This aligns with the President’s Renewed Hope Agenda, which focuses on strong institutions, rule of law, and integrity in public service,” Akume said.

He urged the board members to uphold high standards of corporate governance, maintain transparency and accountability, and work collaboratively with stakeholders while preserving regulatory independence.

The board includes Magnus Abe as chairman and Oritsemeyiwa Eyesan as Commission Chief Executive. Other members are Sunday Babalola, Paul Jezhi, Bashari Indabawa, Muhammed Sabo Lamido, Patience Oyekunle, Mustapha Lamorde, and Dalhat Muhammad Kamal. Olayemi Adeboyejo serves as Commission Secretary and Legal Adviser.