NUPRC adopts new approach in acreage management, lease administration

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will adopt a new approach in the administration of licences and leases, especially as it concerns acreage allocation, to attain the objectives set by the Petroleum Industry Act (PIA).

The Chief Executive Officer (CEO) of NUPRC, Gbenga Komolafe, said in a…