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NUPRC threatens to revoke non-performing oil licences, sets Oct 31 deadline

By Udeme Akpan, Energy Editor The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke petroleum prospecting licences (PPLs) whose holders fail to meet their statutory work commitments, giving affected operators until October 31, 2026 to disclose challenges delaying the development of their acreages. The warning covers holders of licences awarded under the 2020 […]

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