NIMASA, NUPRC Reaffirm Commitment To Strengthening Investment In Maritime, Oil And Gas Sectors
By Asuquo Nuwak
NIMASA, NUPRC Reaffirm Commitment To Strengthening Investment In Maritime, Oil And Gas Sectors
Nigerian Maritime Administration and Safety Agency NIMASA, and Nigerian Upstream Petroleum Regulatory Commission NUPRC, have reaffirmed their commitment to strengthening Nigeria’s investment climate in the country’s maritime, oil and gas sectors through enhanced inter-agency collaboration.
In short, this formed the core of discussions during a working visit by the Director-General of NIMASA, Dr. Dayo Mobereola, to the Chief Executive of NUPRC, Mrs. Oritsemeyiwa Eyesan, and her management team at the commission’s corporate Headquarters in Abuja.
Besides, both agencies emphasised the need for improving the ease of doing business in Nigeria, while optimising accruable benefits to the Federal Government.
Importantly, the meeting underscored the need for coordinated regulatory efforts to eliminate operational bottlenecks, promote investor confidence, and ensure efficient revenue generation across the maritime, oil and gas critical sectors of the Nigerian economy.
Furthermore, NIMASA’s mandate of promoting indigenous capacity in international shipping trade as well as prevention of marine pollution and control directly aligns with the responsibilities of NUPRC, which include ensuring compliance with regulations as they relate to upstream extraction activities, promoting investment and enforcing environmental/safety standards.
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