NUPRC Chief Warns Inconsistent Rules Are Scaring Investors

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan says Africa’s ability to attract large-scale oil and gas investment depends on unified regulation.

Addressing participants at the Nigerian International Energy Summit, Eyesan noted that investors are often discouraged not by resource limitations but by conflicting rules across African countries. She argued that regulatory alignment would reduce uncertainty and speed up cross-border energy projects.

She stated that the African Petroleum Regulators’ Forum as a platform is already working toward shared standards, data cooperation and collective advocacy. Eyesan also reaffirmed the role of oil and gas in powering electricity, industry and government revenues as Africa navigates a gradual energy transition.