The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the speedy completion of its proposed headquarters, The Barrel, will boost the Commission’s efficiency and Nigeria’s investment appeal.
The Barrel, a 10-storey building with the capacity to accommodate 900 to 1,000 people is being constructed in the likeness of a convex, curved cylinder that bulges outward at its center.
The facility, located at the Central Business District, Abuja, was initiated in 2020 but has yet to be completed, forcing the NUPRC to resort to smaller offices in different locations in the FCT.
Speaking during an inspection of the proposed head office, the Chairman, NUPRC Board, Senator Senator Magnus Ngei Abe said, “It is a thing of great embarrassment to this country when major oil and gas companies come to Nigeria to discuss investments worth billions of dollars, only to meet the regulator in a block of flats and from there proceed to other parts of the city to see different departments to conduct transactions with the NUPRC.
“This image is not just bad for the country, but bad for business.”
