Nigeria, Sept. 9 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it may revoke permits awarded to investors under the Nigerian Gas Flare Commercialisation Programme (NGFCP) if they fail to demonstrate significant progress in utilising the sites.

The Commission Chief Executive, Oritsemeyiwa Eyesan, disclosed this during a working visit to the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, in Abuja on Tuesday.

Mrs Eyesan, according to a statement issued by the commission on Wednesday, presented an update on the implementation of the NGFCP during the meeting.

"One year after an award has been granted, the Commission conducts an evaluation to determine whether there has been considerable p...