Arise News·3 min read·medium
31 Firms Win Nigeria’s 2025 Oil Blocks As NUPRC Sets 90-Day Compliance Deadline
✦AI Summary
Nigeria's regulatory commission has awarded 37 oil and gas blocks to 31 companies following an eight-month bidding process. Winners have 90 days to meet regulatory conditions or face forfeiture of their licenses.
Thirty-one firms secure 37 oil blocks as NUPRC gives winners 90 days to meet conditions or forfeit their awards.
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