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

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

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it may revoke oil licences held by operators deemed non-performing. The regulator set October 31 as the deadline for affected licence holders to meet stipulated requirements, signalling enforcement action against companies that fail to comply.

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