Reps Direct NUPRC to Provide Oil Production and Sales Details

The House of Representatives has instructed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide detailed information on oil production, crude sales, and other activities in the upstream petroleum sector. The directive was issued during an interactive session with key agencies in Abuja on the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). NUPRC’s Executive Commissioner, Babajide Fasina, presented revenue details, including royalties and fines, while discussing the commission’s expenditures. The House Committee on Finance expressed concerns over the commission’s high personnel and overhead costs, demanding comprehensive records of oil production and daily output.