FG to return 13 oil blocks to bid basket, enforces ‘drill or drop’ policy

Nigerian Tribune | 22-07-2026 08:25am |

THE Federal Government has said that 13 oil and gas blocks in the ongoing 2025 Licensing Round will be returned to the bid basket, while successful bidders must commence development promptly or orfeit the assets under its “drill or drop” policy. Commission Chief Executive (CCE), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Onitsemeyiwa Eyesan, disclosed […] The post FG to return 13 oil blocks to bid basket, enforces ‘drill or drop’ policy appeared first on Tribune Online.

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