NUPRC Surpasses Revenue Target By 49%

NUPRC Surpasses Revenue Target By 49% …C0NTINUE READING HERE >>>

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has surpassed its revenue target by 49 per cent as global hydrocarbon producers were witnessing lower royalties and weak margins.

The achievement comes despite onslaughts on oil and gas investments due to the global push for energy transition.

The revenue surge was disclosed at the public interactive hearing organised by the National Assembly (NASS) Joint Committees of Finance and Planning on the 2025–2027 Medium Term…

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