2025 Oil Block: FG Reduces Signature Bonus From $10m To $3m

[The Whistler - Nigeria] - 8/12/2025
The Federal Government has reduced the signature bonus for the 2025 oil block licensing round to between $3m and $7m. This is a reductio from the $10m charged per block in the 2024 bid exercise. According to the “FAQ’s on the Nigerian Upstream Petroleum Regulatory Commission 2025 Licensing (…)
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