UPDATED: We Are Backed By PIA To Conduct Bid Rounds, NUPRC Assures Investors

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has received presidential approval to remove all entry barriers to the licensing round including reducing the entry fee to the barest minimum.

The NUPRC boss said this on Tuesday at the Miami International Roadshow for the 2024 licensing round hosted by the NUPRC in collaboration with the Petroleum Technology Association of Nigeria (PETAN) and Zetse Advisory & Consulting.