The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyewa Eyesan, has charged the Independent Petroleum Producers Group (IPPG) to uphold industry standards, strengthen human capital development, and promote good corporate governance.
Eyesan gave the charge during a courtesy visit by the IPPG delegation led by its Chairman, Mr. Adegbite Falade, at the Commission’s headquarters in Abuja on Monday, April 20, 2026.
In her remarks Eyesan described the IPPG as a significant force in the industry, particularly following the divestment of international oil companies. She noted that the Commission values its relationship with the group.
The CCE emphasised adherence to the provisions of the Petroleum Industry Act (PIA), 2021, stressing the importance of human capital development and strong corporate governance.
She said, “One area I think we need to spotlight is human capital development. As the industry grows, there is a tendency of default and if we allow that to fester, it will hurt all of us.
“Because we are in a global market, the financiers are rating Nigeria; they are not rating companies, and if we do not bring our human capacity to par, then we will be creating a big problem for ourselves.”