Nigeria eyes $10b from 50 oil blocks, 400,000 bpd oil output

Guardian | 02-12-2025 05:55am |

The Nigerian government, on Monday, said 50 oil blocks would be leased to investors to raise $10 billion and increase oil production by an additional 400,000 barrels per day. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), now mandated by theThe post Nigeria eyes $10b from 50 oil blocks, 400,000 bpd oil output appeared first on The Guardian Nigeria News - Nigeria and World News.

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