Petroleum Regulator Says No Funds Withheld As Frontier Exploration Allocations Fully Approved
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly denied allegations that it is holding back the Frontier Exploration Fund (FEF) meant for the Nigerian National Petroleum Company (NNPC Ltd.). The commission said the rumours were inaccurate and intended to mislead the public. In a statement on Wednesday, Eniola Akinkuotu, Head of Media and Strategic…