Nigerian govt reduces oil block entry costs as 2025 licensing round begins
[Daily Post - Nigeria] - 9/12/2025
The Federal Government has further reduced the signature bonus for oil block bidders to between $3 million and $7 million as part of efforts to attract more investors ahead of the 2025 licensing round. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the adjustment in an (…)
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