The Department of Petroleum Resources
(DPR) has promised to use its regulatory
framework to continue to create
opportunities and enable businesses in the
oil and gas industry.
A statement by Mr Paul Osu, the Head, Public
Affairs in DPR, on Sunday in Lagos said the
agency’s Director, Mr Auwalu Sarki, gave the
assurance at the 45th Virtual Anniversary of
the Nigerian Association of Petroleum
Explorationists (NAPE).
Sarki said that the DPR would collaborate
with all players to drive growth and eliminate
bottlenecks to attract investments.
He said that the topic of the anniversary
lecture, ‘Long-Term Funding of Exploration
and Petroleum Business in Nigeria
Strategies for Sustainability’, aligned with
DPR’s commitment to make Nigeria a top
investment destination.
According to him, this can be achieved
through the implementation of robust
regulatory initiatives and strategies to ensure
maximum benefits from the country’s
hydrocarbon resources for both investors
and Nigerians alike.
He congratulated the association and its
founding fathers for the immense
contributions to the Nigerian oil and gas
industry over the years.
Sarki promised that the DPR would continue
to collaborate with professional associations
like NAPE for the development of the oil and
gas sector.
He said that the DPR was causing
paradigm shift from being a regulator to
business enabler in the oil and gas industry
in Nigeria in order to achieve the aspirations
of government in the sector.
