Nigerian President Approves Amended Petroleum Regulatory Commission Mini-Bid Round Schedule 

The Nigerian Upstream Petroleum Regulatory Commission says President Muhammadu Buhari has approved the amendment of the bid round calendar for 2022/23. <br />The Commission Chief Executive, NUPRC, Gbenga Komolafe, says the approval is to accommodate the concerns expressed by both local and international investors over the closeness of the schedule to the terminal date of the present administration in the country. <br />Komolafe added that the move is geared towards boosting confidence in the transparency and continuity of the 2022/2023 Deep Offshore Oil Block Mini-bid Round process, <br />Komolafe, the 2022/23 Deep Offshore Oil block Mini-bid Round is progressing in line with the bid round schedule which has been published as part of the Bid Round Guidelines.