NIyi JACOBS
The Executive Vice President of Upstream at NNPC Ltd, Mr. Udobong Ntia, has called on stakeholders in Nigeria’s oil and gas industry to prioritize corporate governance, transparency, and operational efficiency.
Speaking at the “Enhancing Governance, Risk, and Compliance in Nigeria’s Upstream Sector” workshop held in Lagos on Tuesday, Ntia emphasized that governance, risk management, and compliance are central to NNPC Ltd’s core values of integrity, excellence, and sustainability.
He commended upstream leaders and regulators for supporting the initiative and stressed the importance of collaborative efforts in achieving the nation’s goal of sustainably increasing crude oil production. He assured stakeholders of his commitment to facilitating measures that enhance governance and compliance in the upstream sector.
The workshop brought together key figures in the industry, including NNPC Ltd’s Chief Compliance Officer, Mr. Nasir Usman; Chief Upstream Investment Officer, Mr. Bala Wunti; representatives from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC); the Nigerian Content Development and Monitoring Board (NCDMB), and over 20 operators from international oil companies in Nigeria.
The event provided a platform for discussing critical issues impacting governance and risk management in the sector, with stakeholders reaffirming their dedication to achieving sustainable growth.
