The
Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory
Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has called for the strengthening
of the African Petroleum Regulators’ Forum (AFRIPERF) as a critical platform
for harmonizing energy regulation across the continent and unlocking
large-scale investment in Africa’s oil and gas sector.
The
NUPRC boss made the call in her keynote address at the Nigerian International
Energy Summit (NIES), held at the International Conference Centre (ICC) on
Monday, February 2, 2026.
Eyesan,
represented by NUPRC Director, Mr. Edu Inyang, spoke on the theme “One Africa,
One Regulator Voice: Aligned Policies for Continental Prosperity and
Investment.”
She
said inconsistent regulatory frameworks across African countries remain a major
deterrent to cross-border energy projects, stressing that a unified regulatory
voice would significantly lower investment risks and accelerate development.
“Investors
are not deterred by Africa’s geology; they are deterred by inconsistent rules,”
the NUPRC boss stated.
“AFRIPERF
was established to institutionalize regulatory convergence, provide
predictability, and enable faster execution of cross-border projects that
deliver shared prosperity.”
According
to Eyesan, AFRIPERF, which was launched in collaboration with petroleum
regulators across the continent, is already advancing aligned standards, shared
data platforms, capacity building and a unified African voice on global energy
and climate platforms.
She explained that Africa’s prospects for shared prosperity are underpinned by the scale of its natural and human capital, noting that the continent holds approximately 8% of global oil and gas reserves, nearly 30% of known critical mineral resources, and a population exceeding 1.5 billion people, which is largely youthful and economically active.
“When
these advantages are developed through coordinated policies, integrated
infrastructure and aligned regulatory frameworks, they can drive
industrialization, strengthen regional value chains, enhance energy security
and deliver inclusive growth,” Eyesan said.
She
reaffirmed that oil and gas resources remain integral to Africa’s development,
supporting electricity generation, clean cooking, petrochemicals, fertilizer
production and public revenues that fund infrastructure and social services,
even as the continent pursues a just and orderly energy transition.
Eyesan
highlighted Africa’s success in speaking with one voice at global platforms,
including successive COP meetings, where coordinated advocacy secured
recognition of Africa’s unique development needs and the role of gas as a
transition fuel. She noted that similar unity helped secure the historic Loss
and Damage Fund at COP27 in Sharm el-Sheikh.
Drawing
attention to practical examples of cooperation, she cited the African
Continental Free Trade Area (AfCFTA), regional power pools, and cross-border
gas infrastructure such as the West African Gas Pipeline as evidence that
policy alignment accelerates development and expands access to affordable
energy.
She
also pointed to missed opportunities, noting that over 180 trillion cubic feet
of discovered natural gas across Africa remains unsanctioned for development,
largely due to fragmented markets and unaligned fiscal and regulatory regimes.
“Nigeria
has taken deliberate steps to lead by example,” Eyesan said, referencing the
Petroleum Industry Act (PIA) 2021, ongoing transparent licensing rounds, and
major gas infrastructure projects including the AKK pipeline, the
Nigeria–Morocco Gas Pipeline and the revived Trans-Saharan Gas Pipeline.
The CCE added that the Africa Energy Bank, headquartered in Nigeria, is mobilizing African capital for African energy projects, helping to bridge financing gaps left by global capital withdrawal.
In
her closing remarks, Eyesan urged African regulators and policymakers to deepen
cooperation by strengthening AFRIPERF, expanding regional gas and electricity
networks, adopting shared sustainability standards and maintaining a unified
African stance in global energy and climate discussions.
“Our
voice must be one, our frameworks aligned, and our actions coordinated,” she
said. “Only then can we unlock the full transformative power of Africa’s
resources for our people.
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