FG targets $10bn investment as NUPRC unveils 50 blocks in 2025 bid round

Nigeriannewsdirect | 02-12-2025 12:28pm |

By Seun Ibiyemi The Federal Government has commenced the 2025 Licensing Round, unveiling 50 new oil and gas blocks in a major push to deepen reserves and attract an estimated $10 billion in foreign and domestic investment. At the official launch on Monday, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that the assets on

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