Omo, Naija oil and gas matter don dey hot again! The Nigerian Upstream Petroleum Regulatory Commission don launch 50 oil and gas blocks for 2025 licensing round wey everybody dey rush join. But no be for small small companies oh! Only the big boys wey sabi the oil game and get the cash go fit play.
This time around, dem go clear dem eye well-well as dem dey waka for top. NUPRC Chief Executive, Oritsemeyiwa Eyesan, talk say no be wahala to enter, but if you no get capacity, make you shift!
Eyesan dey yan say this licensing round na serious matter for long-term investment. Na wetin we suppose dey look at. Everybody wey wan enter must bring better technical skills and show say dem fit manage the blocks well. No wahala, dem no dey carry ‘jankara’ bids here, abi you go just waste your time!
Dem set the signature bonuses for anywhere between $3m and $7m, but no be just to drop cash go work oh! Na your work plan and how fast you go fit start to produce matter pass. With this kind structure, Naija dey try attract the right hands wey go fit bring long-term value.
Oritsemeyiwa talk say the licensing round dey happen across five major sedimentary basins, wey include Chad Basin, Benue Trough, and Niger Delta Basin. So, gats prepare your chalk and calculator for serious business opportunity here!
NUPRC dey process everything with full transparency, so no be ‘chop and clean mouth’ kind level. Dem dey use digital tools wey go make am easy and fast for investors to jump enter. All the documents don dey online since December 1, 2025, ready for anybody wey wan apply.
As dem dey talk, this licensing na clear sign to global investors say Nigeria dey serious to reform im upstream sector. Nigeria no dey joke, na only serious investors with correct plan go fit gather for this contest.
In summary, if you dey ready to invest, make sure say you bring beta plans and substantial cash. Dis 2025 licensing round na not just about who get money, but who sabi the oil play for real!
Do you have a news tip for NNN? Please email us at editor @ nnn.ng
