{"id":742,"date":"2026-02-16T08:28:59","date_gmt":"2026-02-16T08:28:59","guid":{"rendered":"https:\/\/facthubafrica.com\/?p=742"},"modified":"2026-02-16T08:28:59","modified_gmt":"2026-02-16T08:28:59","slug":"nimasa-nuprc-partner-to-strengthen-regulation-attract-investment","status":"publish","type":"post","link":"https:\/\/facthubafrica.com\/index.php\/2026\/02\/16\/nimasa-nuprc-partner-to-strengthen-regulation-attract-investment\/","title":{"rendered":"NIMASA, NUPRC Partner To Strengthen Regulation, Attract Investment"},"content":{"rendered":"<h3><span style=\"font-size: 16px;\">The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have agreed to deepen collaboration.<\/span><\/h3>\n<h3><span style=\"font-size: 16px;\">This is aimed at improving regulatory oversight and boosting investment in Nigeria\u2019s maritime and upstream petroleum sectors.<\/span><\/h3>\n<p>The commitment followed a working visit by NIMASA Director-General, Dr. Dayo Mobereola, to NUPRC Chief Executive, Mrs. Oritsemeyiwa Eyesan, at the commission\u2019s headquarters in Abuja.<\/p>\n<p>According to a statement issued by NIMASA spokesperson Osagie Edward, both agencies stressed that closer coordination is vital to improving ease of doing business, eliminating operational bottlenecks, and optimising federal revenue generation.<\/p>\n<p>During the meeting, the regulators highlighted the need for harmonised oversight where their mandates intersect, noting that fragmented supervision can delay project execution and increase compliance costs.<\/p>\n<p>They emphasised that aligning regulatory standards and enforcement approaches would enhance certainty for investors and strengthen Nigeria\u2019s competitiveness.<\/p>\n<p>NIMASA\u2019s responsibilities, including the promotion of indigenous participation in shipping and marine environmental protection, were described as closely linked to NUPRC\u2019s mandate to supervise upstream petroleum operations, enforce safety and environmental standards, and drive investment in exploration and production.<\/p>\n<p>Both agencies agreed that synchronising their roles would support safer offshore operations, improve environmental safeguards, and create more predictable regulatory outcomes across maritime and upstream petroleum value chains.<\/p>\n<p>The meeting concluded with a shared resolve to sustain inter-agency engagement as part of broader efforts to strengthen Nigeria\u2019s investment climate and ensure efficient revenue generation from critical sectors of the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/facthubafrica.com\/index.php\/2026\/02\/16\/nimasa-nuprc-partner-to-strengthen-regulation-attract-investment\/'><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div 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9.373 4 16c0 5.628 3.875 10.35 9.101 11.647v-7.98h-2.474V16H13.1v-1.58c0-4.085 1.849-5.978 5.859-5.978.76 0 2.072.15 2.608.298v3.325c-.283-.03-.775-.045-1.386-.045-1.967 0-2.728.745-2.728 2.683V16h3.92l-.673 3.667h-3.247v8.245C23.395 27.195 28 22.135 28 16Z\"><\/path><\/svg><\/span><\/a><a aria-label=\"X\" class=\"heateor_sss_button_x\" href=\"https:\/\/twitter.com\/intent\/tweet?text=NIMASA%2C%20NUPRC%20Partner%20To%20Strengthen%20Regulation%2C%20Attract%20Investment&url=https%3A%2F%2Ffacthubafrica.com%2Findex.php%2F2026%2F02%2F16%2Fnimasa-nuprc-partner-to-strengthen-regulation-attract-investment%2F\" title=\"X\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg heateor_sss_s__default heateor_sss_s_x\" style=\"background-color:#2a2a2a;width:35px;height:35px;border-radius:0px;display:inline-block;opacity:1;float:left;font-size:32px;box-shadow:none;display:inline-block;font-size:16px;padding:0 4px;vertical-align:middle;background-repeat:repeat;overflow:hidden;padding:0;cursor:pointer;box-sizing:content-box\"><svg width=\"100%\" height=\"100%\" style=\"display:block;\" focusable=\"false\" aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 32 32\"><path fill=\"#fff\" d=\"M21.751 7h3.067l-6.7 7.658L26 25.078h-6.172l-4.833-6.32-5.531 6.32h-3.07l7.167-8.19L6 7h6.328l4.37 5.777L21.75 7Zm-1.076 16.242h1.7L11.404 8.74H9.58l11.094 14.503Z\"><\/path><\/svg><\/span><\/a><a aria-label=\"Whatsapp\" class=\"heateor_sss_whatsapp\" href=\"https:\/\/api.whatsapp.com\/send?text=NIMASA%2C%20NUPRC%20Partner%20To%20Strengthen%20Regulation%2C%20Attract%20Investment%20https%3A%2F%2Ffacthubafrica.com%2Findex.php%2F2026%2F02%2F16%2Fnimasa-nuprc-partner-to-strengthen-regulation-attract-investment%2F\" title=\"Whatsapp\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg\" style=\"background-color:#55eb4c;width:35px;height:35px;border-radius:0px;display:inline-block;opacity:1;float:left;font-size:32px;box-shadow:none;display:inline-block;font-size:16px;padding:0 4px;vertical-align:middle;background-repeat:repeat;overflow:hidden;padding:0;cursor:pointer;box-sizing:content-box\"><svg style=\"display:block;\" focusable=\"false\" aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"100%\" height=\"100%\" viewBox=\"-6 -5 40 40\"><path class=\"heateor_sss_svg_stroke heateor_sss_no_fill\" stroke=\"#fff\" stroke-width=\"2\" fill=\"none\" d=\"M 11.579798566743314 24.396926207859085 A 10 10 0 1 0 6.808479557110079 20.73576436351046\"><\/path><path d=\"M 7 19 l -1 6 l 6 -1\" class=\"heateor_sss_no_fill heateor_sss_svg_stroke\" stroke=\"#fff\" stroke-width=\"2\" fill=\"none\"><\/path><path d=\"M 10 10 q -1 8 8 11 c 5 -1 0 -6 -1 -3 q -4 -3 -5 -5 c 4 -2 -1 -5 -1 -4\" fill=\"#fff\"><\/path><\/svg><\/span><\/a><\/div><div class=\"heateorSssClear\"><\/div><\/div><div class='heateorSssClear'><\/div><p>The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have agreed<\/p>\n","protected":false},"author":3,"featured_media":743,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[83],"tags":[171,172],"class_list":["post-742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-markets","tag-nimasa","tag-nuprc"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false],"thumbnail":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1-300x300.jpg",300,300,true],"medium":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1-300x250.jpg",300,250,true],"medium_large":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false],"large":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false],"1536x1536":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false],"2048x2048":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false],"morenews-large":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false],"morenews-medium":["https:\/\/facthubafrica.com\/wp-content\/uploads\/2026\/02\/IMG-20260215-WA0024-1-408x340-1.jpg",408,340,false]},"author_info":{"info":["Publisher"]},"category_info":"<a 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