Hurdles Ahead of Nigeria’s 2025 Oil Blocks Bid Round

The diversion of oil Investments by International Oil Conpanies (IOCs) to other oil producing countries in Africa has been a major challenge confronting Nigeria’s oil industry. Platforms Africa examines how the dip in Foreign Direct Investments Into the oil and gas sector is posing a big threat to the 2025 oil blocks bid round     Nigeria has taken significant strides in revitalizing its oil and gas sector by launching new bid rounds for oil blocks. The 2024 oil bid round, which offered 12 oil blocks alongside seven deep offshore…

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