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NUPRC to revoke idle oil licences, issues October deadline

The Punch

WorldThe Punch·Sep 18, 2026·1 min read

NUPRC to revoke idle oil licences, issues October deadline

The Nigerian Upstream Petroleum Regulatory Commission has moved to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act 2021, warning holders of non-performing oil licences that they risk losing their acreages if they fail…

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