Conflicting Regulations Hindering Energy Initiatives – NUPRC

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has pointed out that varying regulatory frameworks throughout African nations significantly obstruct cross-border energy projects.

Mrs. Eyesan delivered her remarks during the keynote address at the Nigerian International Energy Summit (NIES), which took place at the International Conference Centre (ICC) on Monday, February 2, 2026.

Presenting the keynote was NUPRC Director, Mr. Edu Inyang, who spoke under the theme "One Africa, One Regulator Voice: Aligned Policies for Continental Prosperity and Investment."

She emphasized that a unified regulatory approach would greatly mitigate investment risks and speed up development across the sector.

"Investors are not put off by Africa’s geology; rather, they are discouraged by conflicting regulations," the NUPRC leader asserted.

"AFRIPERF was set up to formalize regulatory alignment, ensure predictability, and expedite implementation of cross-border initiatives that foster shared prosperity."

According to Eyesan, the AFRIPERF initiative, launched in cooperation with petroleum regulators throughout the continent, is making headway with establishing standardized regulations, shared data platforms, capacity building, and a consolidated African representation on global energy and climate discussions.

She elaborated on the vast potential for shared prosperity in Africa, backed by the continent's abundant natural resources and its substantial population, which exceeds 1.5 billion and is primarily youthful and economically active. Africa accounts for nearly 8% of worldwide oil and gas reserves and about 30% of known essential mineral resources.

"When harnessed through cohesive policies, integrated infrastructure, and harmonized regulatory environments, these resources can significantly promote industrialization, reinforce regional value chains, enhance energy security, and lead to inclusive economic growth," Eyesan stated.