The Nigerian Upstream Petroleum Regulatory Commission NUPRC and the Nigeria Revenue Service NRS, have taken major steps toward enhancing revenue collection for the Federation.
The decision was taken Monday, January 12, when the Commission Chief Executive, NUPRC, Mrs Oritsemeyiwa Eyesan, visited the Chairman, NRS, Mr. Zacc Adedeji, at the corporate headquarters of the apex tax agency in Abuja.
Mrs. Eyesan’s visit was also part of her wider engagement with relevant stakeholders following her assumption of office as CCE last month.
Based on the new tax laws that came into effect on January 1, 2026, the NRS and the NUPRC are expected to collaborate more closely in the collection of oil and gas revenues.
At the meeting, both parties agreed to work more closely in the interest of the country in order to meet the revenue target set by the government.
Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104
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