The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have deepened their collaboration to promote transparency and accountability in the collection of oil and gas revenue.
This was the resolution after a meeting between the Commission Chief Executive (CCE) of NUPRC, Mrs. Oritsemeyiwa Eyesan, and the Chairman of the NRS, Dr.Zacch Adedeji, at the NRS headquarters in Abuja on Wednesday, June 17, 2026.
In her remarks, Eyesan commended the NRS chairman for driving reforms that culminated in the enactment of the NRS Act.
Speaking on the transfer of revenue collection responsibilities, Eyesan said the process had been seamless.
The CCE also highlighted the Commission’s efforts to creating an enabling environment for operators in the oil and gas industry.
She further revealed that Nigeria had the potential to produce 1.9 million barrels per day having hit a peak production of 1.86mbpd in May.
In his response, the NRS chairman praised the Commission for its dynamism, professionalism and transparency.
He pledged continued collaboration with the Commission, particularly on matters relating to the transfer of revenue collection functions under the new Act.
“I collect revenue. I don’t generate revenue. Wherever revenue is, I work on it and keep an account for you. So, I’m helping you to collect your royalties,” Adedeji said.
He promised that the NRS would continue to support the Commission in order to achieve their shared objective of increasing government revenues in a fair, transparent and sustainable manner.
