Nigerian Upstream Petroleum Regulatory Commission
NUPRC Hits 34.7% Revenue Target, Generates N5.2trn
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it generated ₦5.21 trillion in revenue between January and June 2025, representing 34.7% of its ₦15 trillion annual revenue target set by the Federal Government. The figures were contained in the Commission’s performance report presented at the Federation Accounts Allocation Committee (FAAC) meeting in July. […]
Nigeria Debuts ‘Obodo’ Crude to Shake Up Oil Market
Nigeria has launched a new chapter in its oil production story with the successful market entry of a new crude blend, Obodo, marking a significant milestone for the country’s upstream petroleum industry. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed the first shipment of the Obodo crude cargo in a statement issued on Tuesday, May […]