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The appointment of Oritsemeyiwa Eyesan as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is expected to reposition the commission for improved performance and restored credibility within Nigeria’s petroleum industry, according to the Centre for Energy Reforms (CER).
The group’s Executive Director, Dr. Michael Bulus, stated in a statement released on Thursday (today) that Eyesan’s rise coincides with a crucial time for the upstream oil and gas industry, which needs stable leadership, clear regulations, and revitalized investor confidence to fully accomplish the goals of the Petroleum Industry Act.
The new NUPRC chief, according to Bulus, is a seasoned business executive with more than thirty years of experience in strategy, regulation, and business negotiations.
He claims that because of her extensive expertise, she is well-positioned to enhance the commission’s function as both a regulator and an enabler of long-term business growth.
He pointed out that Eyesan’s extensive experience in the field gives her the institutional memory and technical proficiency needed to spearhead the PIA’s successful execution.
Bulus stated, “The Center for Energy Reforms believes that Ms. Eyesan brings the right blend of institutional memory, technical competence, and strategic vision required to take the NUPRC to greater heights.”
“Her background suggests a clear understanding of how regulation can support industry growth without compromising accountability, transparency, or national interest.”
The Center emphasized that Nigeria’s upstream industry is still essential to the nation’s economic stability and that the ability of organizations like the NUPRC to apply the legislation in a predictable, competent, and investor-friendly way is crucial to the PIA’s success.
Bulus continued, “Eyesan’s early focus on performance, efficiency, and stakeholder engagement signals a welcome shift toward outcomes-driven regulation in the sector.”
According to the think tank, Nigeria’s upstream petroleum sector is still dealing with a number of issues, such as diminishing crude oil production, underinvestment, infrastructure limitations, and pressures brought on by the world’s energy transition.
The group claims that in order to solve these problems, leadership must be aware of both the government’s policy goals and the business realities of the sector.
According to Bulus, “Ms. Eyesan understands the language of investors, operators, policymakers, and host communities based on her career trajectory.”
“If Nigeria is to unlock new investments, grow gas development, and stabilize crude oil production, that ability to balance competing interests is essential.”
Noting that regulatory delays and opacity have historically deterred investment in the sector, the Center for Energy Reforms also applauded the new chief executive’s emphasis on digitization and operational efficiency.
It claimed that Nigeria’s competitiveness among countries that produce oil and gas would be greatly increased by better regulatory procedures and data-driven decision-making.
Call for Cooperation and Capacity Building
Bulus further asked the NUPRC under Eyesan’s direction to give institutional capacity building top priority, contending that a strong regulator is characterized by both the technical proficiency and professionalism of its staff as well as its policies.
He remarked, “The dedication to internal cooperation and staff development is encouraging.”
“A regulator that makes investments in its employees is better able to uphold standards, settle conflicts, and steer the sector through challenging changes.”
The group emphasized that collective ownership is necessary for regulatory reform to be successful and urged industry players, civil society organizations, and other stakeholders to support the new NUPRC leadership.
“Cooperation must increase as expectations do. Bulus continued, “The NUPRC can genuinely become a benchmark regulator in Africa, providing both economic value and responsible resource governance, if all stakeholders engage constructively.”
The Center came to the conclusion that Eyesan’s appointment offers a chance to strengthen PIA reforms and reposition Nigeria’s upstream industry for long-term resilience, sustainable growth, and transparency.
