The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the start of the 2025 Licensing Round, effective Dec. 1, 2025, following approval from President Bola Tinubu, who also serves as Minister of Petroleum Resources. NUPRC Chief Executive, Gbenga Komolafe, made the announcement at the Project One Million Barrels Per Day (1MMBOPD) Additional Production Investment Forum…
The Federal Road Safety Corps (FRSC) has increased its daily driver’s licence production to 15,000 in a bid to clear the backlog of pending applications nationwide. Corps Marshal, Malam Shehu Mohammed, disclosed this on Monday in Abuja while inspecting the VIP capture centre alongside journalists. Mohammed stated that the increase followed the upgrade of the…
Governor Hyacinth Alia has completed the construction of 25 township roads in Makurdi, the Benue State capital, his Chief Press Secretary, Mr Tersoo Kula, has disclosed. Kula made this known on Wednesday while leading journalists on an inspection of projects executed by the administration. He said the governor awarded contracts for 41 township roads within…
Mr Felix Anosike, Port Harcourt Branch Manager, Bank of Agriculture (BOA) has called on politicians to create agricultural jobs, lure youths into farming to enhance food production. Anosike made the remark in an interview with the News Agency of Nigeria (NAN) in Port Harcourt on Tuesday while lamenting poor youth response to agriculture. He noted…
Nigeria exceeded its OPEC crude oil production quota of 1.5 million barrels per day (bpd) in June, marking the second time it has surpassed the allocation in 2025. OPEC’s Monthly Oil Market Report (MOMR) for July, 2025, obtained by the News Agency of Agency of Nigeria (NAN) revealed that Nigeria recorded 1,505mbpd crude oil production…
The Federal Government says Nigeria is currently producing about 1.745 million barrels of crude oil per day (bpd) targeting to hit two million bpd by the end of 2025. Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil) said this while declaring the 2025 Nigeria Oil and Gas (NOG) Energy Week open on Tuesday in…
The Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) says Nigeria’s target of over 2.4 million barrels per day can be met, if ongoing reforms are sustained. Ronald Adams, the Managing Director, SNEPCo, made this known in a statement signed by Mrs Gladys Afam-Anadu, Media Relations Manager of the energy firm, on Wednesday. According to…
The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor production adjustment aimed at maintaining stability in the global oil market. The OPEC made this known in the resolution of its 58th Meeting of the Joint Ministerial Monitoring Committee (JMMC) which held via videoconference on Monday. The meeting reviewed the…
