NUPRC Announces 2025 Oil Block Licensing Round in Nigeria
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed plans to kick off the 2025 oil block licensing round on December 1, 2025. The announcement was made by NUPRC's Chief Executive, Gbenga Komolafe, during the Investment Forum in London.
The initiative follows the approval of the Petroleum Industry Act by President Bola Ahmed Tinubu. The event aims to connect stakeholders and attract investments to boost Nigeria's oil and gas sector.
Alhassan Ado Doguwa, Chairman of the House Committee on Petroleum Resources, assured investors of legislative support for the sector.
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