Lawmakers Back NUPRC’s Efforts In Unlocking Full Potential Of Nigeria’s Oil & Gas Resources

Nigerian lawmakers have signaled their support for the licensing round for 12 new oil blocks and 7 old blocks from the 2022 mini-bid round.

The lawmakers are also optimistic that they will back laws that will engender growth in the oil and gas sector as well as secure the multi-billion dollar investments of both local and foreign investors who are interested in the 19 oil blocks.