Will the Federal Government announce a timeline or process for re-offering the 13 returned oil and gas blocks by July 30, 2026?

Outcome: YES

How this forecast is settled

Will the Federal Government announce when and how the 13 returned oil and gas blocks will be offered again before July 30? Given the need to attract investment and clarify licensing plans, an announcement is possible.

Resolution

Yes, the Federal Government has announced the timeline and process for re-offering the 13 returned oil and gas blocks. During the 2025 Commercial Bid Conference in Abuja, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that these assets will officially be moved into the 2026 Licensing Round.

Make your forecast on GetUrgent2K Daily. Free to play; earn airtime for taking part and for getting it right.