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| Executive Vice President, Upstream, NNPC Ltd, Mr. Udobong Ntia |
Udobong Ntia, the newly appointed Executive Vice President of Upstream at NNPC Ltd, has urged stakeholders in Nigeria’s oil and gas industry to prioritize corporate governance, transparency, and operational efficiency.
His call aligns with NNPC Ltd’s strategic objectives to strengthen leadership and enhance competitiveness in the global market.
Ntia’s leadership is anticipated to drive significant advancements in these areas, supporting the company’s commitment to operational excellence and long-term success in Nigeria’s energy sector.
Ntia spoke during an Upstream Governance, Risk and Compliance Workshop themed “Enhancing Governance, Risk and Compliance in Nigeria’s Upstream Sector” held in Lagos, on Tuesday, November 26, 2024.
Delivering his opening remarks at the workshop, Ntia stressed that governance, risk management, and compliance are at the foundation of NNPC Ltd’s core values of Integrity, Excellence, and Sustainability.
He commended the upstream leadership and regulators for supporting the initiative to assemble stakeholders to discuss issues that have a bearing on individual and collective success towards attaining the clear mandate of sustainably ramping up the nation’s crude oil production.
The EVP, according to a press release signed by Olufemi O Soneye, Chief Corporate Communications Officer, NNPC Ltd, also reiterated his readiness to provide enablers within his purview that will accelerate the implementation of initiatives that will enhance governance, risk management and compliance in the upstream sub-sector.
The workshop had in attendance NNPC Ltd’s Chief Compliance Officer, Mr. Nasir Usman; NNPC Ltd’s Chief Upstream Investment Officer, Mr. Bala Wunti; representatives of industry regulators such as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC); the Nigerian Content Development and Monitoring Board (NCDMB) and over 20 upstream operators from International Oil Companies in Nigeria.
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