NMDPRA, PENGASSAN Harp on Regulatory Efficiency, Training to Grow Petroleum Industry
Onyebuchi Ezigbo in Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Petroleum and Natural Gas Senior Staff Association of Nigeria have expressed the need to ensure transparent
In a recent event, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) emphasized the importance of regulatory efficiency and training to foster growth in the petroleum industry. NMDPRA's Chief Executive, Mr. Rabiu Umar, highlighted the organization's commitment to enforcing safety, productivity, and sustainability standards within the industry.
The organization aims to uphold rules, ensure impartiality in institutions, and apply regulations consistently while listening to stakeholders' feedback. This resolution stresses the importance of transparency, objectivity, and avoiding arbitrary changes in regulatory decisions to protect the public interest and create confidence for responsible investment and innovation by operators.
PENGASSAN President, Comrade Festus Osifo, called for collaboration between government, regulators, operators, and labor to promote stability in the industry. He stated that the oil and gas workforce is crucial to the sector's future, and the industry needs stability in its labor market. Osifo also mentioned that PENGASSAN has developed a template to address issues like divestment in the oil and gas industry to prevent instability and job losses.
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