government
NUPRC offers 40 oil blocks in 2026 licensing round after 2025 controversy
Summary by The Lagos Editorial Desk Ogaga Ariemu , as published by Daily Post Nigeria
· October 7, 2026
· 1 min read
Photo: Daily Post Nigeria · view original
Story provenance No corrections
Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Ogaga Ariemu, as published by Daily Post Nigeria Original story Read at the source Source published Oct 7, 2026 Indexed here Oct 7, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points A new licensing round has been announced, with 40 blocks available. The decision to launch the new round was approved by President Bola Tinubu, who also holds the position of Minister of Petroleum Resources.
Investors are being offered opportunities in the oil and gas sector. A new licensing round has been announced, with 40 blocks available. This follows a previous round that was controversial. The decision to launch the new round was approved by President Bola Tinubu, who also holds the position of Minister of Petroleum Resources.
Further details about the licensing round are available, including the role of the Nigerian Upstream Petroleum Regulatory Commission. The commission's chief executive made an announcement about the new round.
The launch of the new round is a significant development in the oil and gas sector, with more information available from the relevant authorities.
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Category: government Published: October 7, 2026 Source: Daily Post Nigeria Reading time: 1 min
Frequently asked about this story
What is this story about? Investors are being offered opportunities in the oil and gas sector. A new licensing round has been announced, with 40 blocks available. This follows a previous round that was controversial. The…
When was this published? This article was first published on October 7, 2026 by Daily Post Nigeria and curated for The Lagos readers.
Who reported this story? This story was reported by Ogaga Ariemu at Daily Post Nigeria. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
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