The Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC), have announced a joint commitment to strengthening investment climate in the country’s maritime and oil and gas sectors through enhanced inter-agency collaboration.
This agreement is part 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 late last week. Both agencies emphasised the need for improving the ease of doing business in Nigeria while optimising accruable benefits to the Federal Government.
The meeting underscored the need for coordinated regulatory efforts to eliminate operational bottlenecks, promote investor confidence, and ensure efficient revenue generation across the maritime and oil and gas critical sectors of the Nigerian economy.
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.
