Nigeria's oil and gas sector reforms have delivered 28 Field Development Plans with $18.2 billion worth of investment commitments in 2025 alone, says Engr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Komolafe said these commitments are also expected to unlock 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) …
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has refuted recent allegations claiming that a company was improperly awarded oil blocks just days after its incorporation during the 2024 Oil Block Licensing Round. Komolafe in response to a report suggesting that the NUPRC had violated its guidelines by …
By Sunday Michael Ogwu Given the 575.5 million barrels produced throughout 2024, Nigeria’s oil industry could have generated an estimated $46.04 billion in revenue from crude oil sales in 2024. According to the most recent reconciled production data for the year by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Nigeria, one of the top oil …
Despite standing directives from the federal government, Nigerian graduates posted to Ministries, Departments, and Agencies (MDAs) under the National Youth Service Corps (NYSC) scheme continue to face rejection, delay, and outright neglect—frustrating a generation of youth eager to serve. Over three years after Brigadier General Shuaibu Ibrahim, then Director-General of NYSC, warned MDAs against …
