NUPRC CHIEF EXECUTIVE ENGR. GBENGA KOMOLAFE FNSE
HighlightOil & Gas

NUPRC Unveils Measures to Boost Oil Industry Transparency, Curb Theft

2.9k

By Joycelyn Ellakeche Adah

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released new guidelines under the Nigerian Upstream Petroleum Advance Cargo Declaration Regulation, 2024, aimed at tightening oversight and enhancing transparency in Nigeria’s crude oil and petroleum exports.

The revised framework, signed off by the Commission’s Chief Executive, Engr. Gbenga Komolafe, on Tuesday, June 17, introduced stricter documentation, digital tracking, and compliance measures to tackle long-standing challenges such as under-declaration, theft, and export manipulation.

The regulation applies to all export activities under licences and leases granted or preserved by the Petroleum Industry Act (PIA) 2021.

It covers crude oil, natural gas, natural gas liquids (NGLs), and refined petroleum products exported from any terminal or official export point in the country.

Under the updated regime, exporters are now required to:

• Obtain an export permit and vessel clearance from the NUPRC,

• Secure a Unique Identification Number (UIN) for each shipment via the Commission’s digital portal, and

• Ensure that all key export documents—such as the Bill of Lading, Certificate of Origin, and cargo manifest—reference the assigned UIN.

The Commission will validate exporter identities and verify declared volumes before issuing clearance.

Only certified, measured cargoes will be permitted to leave Nigeria’s shores.

The NUPRC’s Advance Cargo Declaration Portal, a real-time, integrated digital system, is central to the new process and enables automated tracking, instant documentation uploads within 24 hours of loading, and seamless integration with other government systems to ensure consistent data reconciliation.

To enforce compliance, the guidelines empower the Commission to reject incomplete or inaccurate clearance applications.

Violators risk administrative penalties and possible sanctions, underscoring the regulator’s zero-tolerance stance on malpractice.

Engr. Komolafe emphasized that the initiative aligns with the Commission’s mandate to enhance revenue generation, minimize leakages, and enforce regulatory integrity, all in accordance with the PIA.

He also noted that the move is part of a broader effort to modernise Nigeria’s upstream sector and restore investor confidence through transparency and accountability.

The implementation of these guidelines marks a decisive step toward streamlining the nation’s oil export regime and plugging fiscal leakages in one of its most critical revenue-generating sectors.

Leave a comment

Related Articles

Normalcy Restored As Workers Back at FCTA Secretariat After Strike

The Federal Capital Territory Administration (FCTA) Secretariat has returned to full operation...

2027 Election Prep on Track Despite Electoral Act Delays – INEC Chairman Amupitan

In spite of the National Assembly’s delay in passing the amended Electoral...

NRC Alleges Oyo Local Govt Chairman of Vandalizing Railway Assets Worth Millions

The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...

Counter-Terrorism & Strategy: Why U.S. Special Forces Are in Nigeria – Gen. Anderson

To decisively tackle terrorism in West Africa, the United States has dispatched...

Lagos Assembly Orders Halt to Makoko Demolitions Amid Standoff with Gov. Sanwo-Olu

A major rift has emerged between the Lagos State House of Assembly...

Just In: Terrorism & Arms Charges: DSS Arraigns ex-AGF Malami, Son

Former AGF Abubakar Malami and his son, Abdulazeez, have been remanded in...

“No Deal”: Presidential Claimant Fernando Dias Rejects Guinea-Bissau Junta’s Transition Plan

By Paul Ejime Dr Fernando Dias da Costa, who claimed victory in...

UK Prosecutors Reveal Diezani Spent £140k on Luxury Furniture in One-Day Shopping Spree

As the trial of former Nigerian Petroleum Minister Diezani Alison-Madueke continues in...

“Democracy Forbids It”: Falana Argues Against Court-Martial for Soldiers in Alleged Coup

Mr. Femi Falana (SAN), prominent human rights lawyer, has argued that military...

“I Can Account for My Wealth”: Malami Petitions Court to Vacate Forfeiture Order

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami...

Bonga FPSO Shutdown for Maintenance, Nigeria’s Oil Output to be Affected

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the shutdown of...

Traders Count Losses as Fresh Fire Ravages Kano’s Singa Market

Barely two months after a crippling fire outbreak, Singa Market in Kano...

Tragedy in Abuja: Rising Music Star Ifunanya Dies After Snake Bite

A bright light in Nigeria’s music scene has been extinguished. Ifunanya Nwangene,...

Ademola Lookman Set to Join Atlético Madrid in €40m Deal

Nigerian forward Ademola Lookman is poised to join Atlético Madrid in a...

Ogun Gov. Abiodun to Unveil State-Owned DisCo, New World Bank-Power Projects, Mini-grids

Ogun State is gearing up for a major power boost with the...

NNPCL Unveils Ambitious Gas Master Plan 2026 to Boost Economic Growth

Nigeria has taken a significant step towards harnessing its vast gas reserves...

Nigeria’s Gas Flaring Hits 203.9bn scf in 2025 – NUPRC

Despite achieving over 92% gas utilisation, Nigeria flared a staggering 203.9 billion...

Kano Secures ₦1trn Rail Project After Governor’s High-Profile Defection to APC

Barely 48 hours after joining the ruling All Progressives Congress (APC), Kano...

Emefiele’s Trial: Ex-CBN Director Admits to $2.5m ‘Gift’ Linked to $6.2m Election Logistics Fund

Bashirudeen Maishanu, a former Deputy Director of Banking Supervision at the Central...

“Selective Payouts”: Dozens of ‘Concerned’ Lawyers Demonstrate at Finance Ministry, Abuja

Lawyers representing the Concerned Lawyers for Probity and Justice protested at the...