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Nigerian Winger Joins Slovakian Club AS Trenčín On Loan • US designates UK-based Palestine Action as terrorist group • Tinubu mourns veteran journalist Oladipo, hails media legacy • Coco Gauff Is World No. 4 in Latest WTA Rankings After Winning Cincinnati Open • ‘There Is Zero Chance Of Selling Alvarez’ –Atletico Madrid Hit Back At Barca • Group asks Tinubu to withdraw Adedeji from campaign council • 95 die, 291 foreign tourists missing in Nepal’s flash floods • SBI Media marks 13th anniversary with eye care outreach in Kosofe community • Masauni aeleza mikakati ya Tanzania kukabili ukame • EPL: ‘They’ll do it’ – Sam Allardyce changes title prediction after first week • UPDATED: Meta, US States Agree $16.7bn Settlement In Landmark Teen Safety Case • 2027: Tinubu’s Campaign: Why appointments of Adedeji, Coker-Odusote, Yakubu raise concerns • 2027: We’re competing against thieves – Atiku • نبيل أديب يدعو “المؤتمر الوطني” للمشاركة في حوار البرهان..! • Transfer: Man City told to hijack Arsenal’s move for Julian Alvarez • Borgu attack: Northern senators urge FG to rescue abducted worshippers, residents • كذب سفير دولة الشريعة! خطيئة توجب الرجم • Ayitey Powers remanded for one week over alleged death threat • NCC seeks solutions to technology barriers facing PWDs • رسالة الي مليشيات الدعم السريع وحلفاءها هل عرفتم الإنسانية والأخلاق من درس المشتركة والمقاومة الشعبية لكم في الصحرا؟ • Nigerian Winger Joins Slovakian Club AS Trenčín On Loan • US designates UK-based Palestine Action as terrorist group • Tinubu mourns veteran journalist Oladipo, hails media legacy • Coco Gauff Is World No. 4 in Latest WTA Rankings After Winning Cincinnati Open • ‘There Is Zero Chance Of Selling Alvarez’ –Atletico Madrid Hit Back At Barca • Group asks Tinubu to withdraw Adedeji from campaign council • 95 die, 291 foreign tourists missing in Nepal’s flash floods • SBI Media marks 13th anniversary with eye care outreach in Kosofe community • Masauni aeleza mikakati ya Tanzania kukabili ukame • EPL: ‘They’ll do it’ – Sam Allardyce changes title prediction after first week • UPDATED: Meta, US States Agree $16.7bn Settlement In Landmark Teen Safety Case • 2027: Tinubu’s Campaign: Why appointments of Adedeji, Coker-Odusote, Yakubu raise concerns • 2027: We’re competing against thieves – Atiku • نبيل أديب يدعو “المؤتمر الوطني” للمشاركة في حوار البرهان..! • Transfer: Man City told to hijack Arsenal’s move for Julian Alvarez • Borgu attack: Northern senators urge FG to rescue abducted worshippers, residents • كذب سفير دولة الشريعة! خطيئة توجب الرجم • Ayitey Powers remanded for one week over alleged death threat • NCC seeks solutions to technology barriers facing PWDs • رسالة الي مليشيات الدعم السريع وحلفاءها هل عرفتم الإنسانية والأخلاق من درس المشتركة والمقاومة الشعبية لكم في الصحرا؟
JUST IN: FG reviews expired oil licenses for extension
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JUST IN: FG reviews expired oil licenses for extension

Vanguard Nigeria about 2 hours 1 mins read
JUST IN: FG reviews expired oil licenses for extension

By Udeme Akpan

The Federal Government has commenced the review of applications by oil operators whose licences have expired, with a view to extending their tenure and allowing them to retain control of the assets beyond 2026.

Checks by Vanguard confirmed that operators of the expired oil licenses had applied for extensions to enable them to retain the oil and gas assets.

A source at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said: “The companies have applied for extensions, and the applications are currently being reviewed. It is a normal practice.”

The post JUST IN: FG reviews expired oil licenses for extension appeared first on Vanguard News.

This article was sourced from an external publication.

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