By Udeme Akpan, Energy Editor

THE Nigerian 

Upstream Petroleum Regulatory Commission, NUPRC has said that the adoption of Alternative Dispute Resolution, ADR, would lead to faster resolution of cases and enhance the growth of Nigeria’s oil and gas industry.

The Commission Chief Executive, Gbenga Komolafe, disclosed this at Stakeholders Consultation on the ADR in Lagos, adding that this would be accomplished through its Resolution Centre.

The NUPRC boss, who was represented by Executive Commissioner, Development & Production, Enorense Amadasu, said: “Today marks a significant step forward in our ongoing efforts to enhance efficiency, fairness, and effectiveness of alternative dispute resolution within the upstream industry.

“As we gather here, our shared goal is to ensure that the Alternative Dispute Resolution Centre operates with the highest standards of transparency, integrity, and responsiveness in consonance with the needs of the industry.

“The ADRC was established in 2021, thereby showcasing the Commission’s commitment to providing a robust framework for resolving disputes in a timely manner. We recognise that Alternative Dispute Resolution (ADR) mechanisms can play a crucial role in alleviating the burden on our courts, reducing litigation costs, and fostering a more amicable and collaborative approach to dispute resolution.

“As critical stakeholders, you undoubtedly recognise the profound impact of the oil and gas industry on the stability of our economy and the nation at large. Thus, a harmonious business environment must be fostered to ensure continuous growth of the sector.

“The timely and equitable resolution of disputes within this critical sector is not just essential but paramount. The ADRC is committed to delivering an innovative, efficient, and cost-effective approach to dispute resolution, designed to reinforce industry stability and catalyze sustainable growth.

“Your presence here today underscores the importance of collaboration and cooperation in this process of guaranteeing a peaceful industry. Your insights, experiences, and perspectives are invaluable to us. The development of the ADRC Draft Rules of Procedure is not merely an administrative task but a collective endeavor that requires the active participation of all relevant stakeholders.

“The draft rules we present today are the result of extensive research and have been benchmarked against international best practices while taking into careful consideration the industry within which we operate. We are however not ignorant of the value your insights will provide to ensure the practical effectiveness of these rules.

“We therefore invite you to engage openly and constructively during this consultation. Your feedback on the procedural fairness, accessibility, and comprehensiveness of the draft rules will be crucial in refining them to better serve the needs of all stakeholders and the industry at large.

“The Commission is fully committed to ensuring that the ADRC becomes a beacon of excellence in dispute resolution. We aim to establish procedures that are not only legally sound but also user-friendly and capable of delivering timely and just outcomes for all parties.

“Looking ahead, we are confident that the ADRC will become a dynamic institution that evolves with changing needs and challenges.