NUPRC, NRS Strategize To Boost Revenue Collection

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have taken major steps toward enhancing revenue collection for the federation.

This decision was taken when the Commission Chief Executive, NUPRC, Mrs Oritsemeyiwa Eyesan, visited the Chairman, NRS, Mr Zacc Adedeji, at the corporate headquarters of the apex tax agency in Abuja.

Eyesan’s visit was also part of her wider engagement with relevant stakeholders following her assumption of office as CCE last month.

Based on the new tax laws that came into effect on January 1, 2026, the NRS and the NUPRC are expected to collaborate more closely in the collection of oil and gas revenues.

At the meeting, both parties agreed to work more closely in the interest of the country in order to meet the revenue target set by the government.

Eyesan, had while assuming office last December said she would advance the country’s upstream oil and gas sector in line with the mandate of the Commission as enshrined in the Petroleum Industry Act (PIA) 2021.

She further disclosed plans to make the Commission a business enabler and reignite investments in the upstream sector.

Eyesan also set a firm production ambition of growing Nigeria’s output and increasing gas production.

The CCE said, “The goal is that we must enable the industry, we are regulators. We must enable the industry from our interactions with the stakeholders, from our interactions with everybody.

“My main objective is to ensure that we make a difference. I believe the NUPRC is at the Center of the industry.”
The Commission boss who has served for over three decades in the oil and gas sector, promised to entrench digitisation, transparency and efficiency in operations.

The CCE said with the support of staff and management, the NUPRC will become the gold-standard regulator in Africa. She also promised capacity development, stronger technical depth and sustained engagement with stakeholders, unions and professional teams.

On leadership style, the CCE promised an open-door policy and frequent staff engagement. Mrs. Eyesan also solicited for support and cooperation as the industry embarks on the next phase of transformation.

“If we work together we can unleash opportunities, I don’t see impediments only opportunities,” she added.

NUPRC, NRS Strategize To Boost Revenue Collection is first published on The Whistler Newspaper