By Engr. Gbenga Komolafe, made this known in Lagos after receiving an award from the Nigeria Human Rights Community (NHRC). He said the commission’s 2025 Action Plan would strengthen regulatory integrity, reduce operational costs, and foster stronger collaboration with exploration and production companies.
“We are focused on building a transparent, predictable regulatory framework to attract investments and eliminate favouritism,” Komolafe stated. He noted that the commission has adopted open competitive bidding for petroleum licenses to ensure fairness in operations.
Komolafe also highlighted the establishment of an Anti-Corruption and Transparency Unit (ACTU) within the commission and its partnership with the ICPC to improve internal accountability. As part of its digital transformation agenda, the commission launched a compliance reporting app and introduced regulations for auditing upstream measurement equipment, aimed at preventing revenue leakages.
In his remarks, NHRC representative Popoola Ajayi commended Nigeria’s progress since 1999 in infrastructure, IT, aviation, media, and trade, while acknowledging ongoing challenges such as unemployment and access to basic necessities.
“Despite the gains, we must address the increasing strain from population growth and economic inequality,” Ajayi said.
