FG Lowers Entry Barriers as Nigeria Offers 50 Oil Blocks in 2025 Licensing Round
The Federal Government has lowered entry barriers in Nigeria’s 2025 oil and gas licensing round, offering 50 oil blocks for bidding in a move aimed at boosting crude oil output, attracting fresh investment, and improving transparency in the upstream sector. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this during a pre-bid webinar for potential…