FG cleared 28 new oil field plans worth $18.2bn in 2025

[Authority - Nigeria] - 3/02/2026
Nigeria approved 28 new Field Development Plans (FDPs) valued at N18.2 billion dollars, with an estimated reserve potential of 1.4 billion barrels in 2025 alone, the Federal Government has said. It said between 2024 and 2025, four of the seven major Final Investment Decisions (FIDs) announced (…)
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