The Nigerian Upstream Petroleum Regulatory Commission is considering moving some of its units to Lagos, according to a memo dated February 14, 2024, which was obtained by our reporter.
The commission noted that the decision was based on “the need to enhance our service delivery, reduce operational costs, and make adequate utilization of our assets in Lagos.”
The memo reads:
“In line with our objectives of improving organizational efficiency, driving industry growth, and managing office accommodation in Abuja, we are exploring the possibility of relocating certain units to Lagos.
“This initiative is driven by the need to enhance our service delivery, reduce operational costs, and make adequate utilization of our assets in Lagos.
“Consequently, we are requesting that each department identify and provide a list of units that can operate independently with minimal supervision.
“Submissions on the above are expected on or before the close of business on Friday 23rd February 2024.
“This is submitted for your further necessary action, please.”
The Federal Airport Authority of Nigeria (FAAN) recently moved its headquarters to Lagos. In a similar vein, the Central Bank of Nigeria (CBN) also relocated some of its departments to Lagos, the country’s commercial hub.