Gbenga Komolafe, chief executive officer, Nigeria Upstream Petroleum Regulatory Commission (NUPRC), says he has ensured approval for immediate promotion of 195 members of staff of the new commission.
The newly created NUPRC is saddled with the responsibility of regulating the technical and commercial activities of the upstream petroleum sector.
The promotion is said to be his first step to prevent any industrial action and boost the dwindling revenue from the oil sector.
According to the NUPRC boss, human capital is essential among factors of production and must be paid attention to.
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“Human capital is a critical and essential element of factors of production staff need to be happy before they can work and we had assured them of the determination of the federal government to look after their welfare,” Komolafe said
“It is only when staff are happy that we can talk of improving our crude oil production quota, which is presented below what we should be producing.
“I have ensured immediate approval for promotion of 195 union staff that have been stagnated in the defunct Department of Petroleum Resources (DPR) to stave off an industrial crisis that could further harm the low daily oil production in Nigeria and worsen the nation’s federation generated oil revenue.”
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The NUPRC boss said the decision to promote the staff followed his engagements and assurances to their agitation, adding that the measure was also to boost staff morale and ensure they are not short-changed in the unfolding transition and manpower reorganisations in line with the PIA.
He further said that there is a positive correlation between boosting nations crude production for optimised federation revenue and elevated staff morale in NUPRC.
Komolafe also re-emphasised the critical and significant moment in the oil and gas sector of the economy, especially the call for divestments in the sector.
“The best and only option opened to us to maximise the benefits from fossil fuels is to improve the welfare of those who are saddled with the responsibilities of managing the sector,” he added.
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“So what we have done is by extension to improve the nation’s revenue by increasing crude oil production from the current level of 1.4 mbbls/d to 2.4 mbbls/d”.
He urged the staff to reciprocate the gesture with enhanced service delivery in their determination to leave a legacy of 21st-century regulator business enabler commission.
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