Federal Govt Royalties Drop 19% To N8.97trn Despite Rise In Oil, Gas Production – NUPRC

The Leadership about 2 hours 1 mins read

Royalties collected for the federal government by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) fell by about 19 per cent to N8.97 trillion in 2025, even though oil and gas production rose during the year. Data from the commission’s 2025 Annual Report showed that oil and gas royalties, including Project Gazelle and NNPC receivables, fell […]

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