The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its gas-centric transition strategy aims to eliminate routine flaring by 2030, and reduce methane by 60 per cent by 2031.
“Further anchoring this ambition is Nigeria’s Upstream Decarbonisation Framework which integrates emissions tracking, MRV systems, carbon capture, and climate finance access through carbon markets.
“These aren’t just policies; they are opportunities for investment, innovation, and inclusive growth,” he said.
He recalled that in March 2025, it inaugurated the Decarbonisation and Energy Sustainability Forum and formally declared March 18 as Nigeria’s Upstream Decarbonisation Day.
He said the annual event would serve as a rallying point for stakeholders to track progress, share knowledge, and accelerate climate aligned development.
“Interestingly, we are enabling emissions reductions to become revenue streams through a new ecosystem of carbon services including monitoring, consulting, tech deployment, while maintaining high environmental and asset integrity,” Komolafe added.
