NIMASA, NUPRC Team Up to Improve Industry Regulations

ZAINAB JUNAID

The Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have teamed up to boost Nigeria’s Maritime and Energy Sectors, focusing on improving regulations, attracting investments and making doing business easier in the country.

Both Agencies aimed at reducing operational bottlenecks, enhancing environmental protection and ensuring safety standards in offshore oil production and maritime operations.

In a statement issued and signed by Deputy director Public Relations and Head of Media, NIMASA, Mr Osagie Edward on Sunday, this development formed the central discussions during a working visit by the Director-General of NIMASA, Dr. Dayo Mobereola, to the Commission’s Chief Executive, Mrs. Oritsemeyiwa Eyesan, and her management team at its Corporate Headquarters in Abuja.

They emphasised the importance of improving the ease of doing business in Nigeria while optimising accruable benefits to the Federal Government.

The meeting underscored the importance of 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.

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 to compliance with regulations as they relate to upstream extraction activities, promoting investment and enforcing environmental/safety standards.