The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly dismissed any corruption or shady practices in the 2024 oil licensing bid round, labelling a recent online report as entirely false, malicious, and a clear fabrication.
In a rebuttal on Monday, the NUPRC characterized the article as “a deliberate opinion piece disguised as legitimate news.
Bashiru Indabawa, the Chairman of the 2024 Bid Round Committee, said the story — published by an unnamed blog — amounted to an orchestrated smear campaign aimed at undermining the credibility of the Commission’s leadership.
“The article is nothing more than a fabricated narrative aimed at defaming the leadership of the Commission.
“There have been no such deals with any individual, group or institution whatsoever,” the statement said.
“The licensing round conducted by NUPRC under Engr. Komolafe was the first in nearly 70 years… to leverage digital technology, devoid of any human interference, in a manner adjudged to be in line with global best practices.”
The NUPRC emphasized that the bid round followed a comprehensive, transparent, and technology-driven process.
“The selection was broadcast live and included participation from International Oil Companies (IOCs), local firms, civil society, NEITI, regulatory agencies, and the media.
“There was no room for any manipulation. Any allegations or insinuations regarding underhand dealings or bribery lack merit and are entirely unfounded,” he said.
The report in question, which cited anonymous sources, was criticized for offering no verifiable evidence or details on alleged investigations involving the EFCC or other authorities.
“This wholesale reliance on anonymity raises critical questions… The lack of identifiable sources undermines its credibility,” Indabawa said.
In defending its process, the Commission pointed to multiple public hearings held throughout the bid round, where industry stakeholders provided input.
The statement also highlighted the role of the Petroleum Industry Act (PIA) of 2021 in reinforcing accountability and transparency in oil licensing.
“The meticulous processes and regulatory frameworks established by the NUPRC demonstrate a commitment to transparency and fairness,” the Commission stressed, adding that “allegations of misconduct, particularly those lacking substantive evidence, distract from the real advancements being made.”
Indabawa said by reaffirming the Commission’s dedication to President Bola Tinubu’s reform agenda, the NUPRC remains unwavering in its firm commitment to optimizing revenue and advancing national interest in the oil and gas sector.
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