Nigeria will open its 2025 oil licensing round on December 1, as the Upstream Petroleum Regulatory Commission (NUPRC) steps deeper into the role once dominated by the state oil company. The move signals President Bola Tinubu’s intent to boost output, court investors, and drive the economy toward his $1-trillion target. Announcing the round in London, NUPRC chief Gbenga Komolafe said it marks a fresh phase under the Petroleum Industry Act (PIA). He told executives from oil majors and banks that financing remains the biggest barrier to growth,…
Hence then, the article about nigeria launches 2025 oil licensing round as regulator takes the reins was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Nigeria Launches 2025 Oil Licensing Round as Regulator Takes the Reins )