Nigeria’s Oil Licensing Round 2025
On November 11, 2025, the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) announced that Nigeria’s Oil Licensing Round will commence on December 1, 2025. The announcement was made by the Commission’s Chief Executive, Engineer Gbenga Komolafe at the 1MMBOPD Additional Production Investment Forum in London. This licensing round focuses on discovered but undeveloped […]
Order on the Mandatory Implementation of Free Governor Control (“FGC”) in the Nigeria Electricity Supply Industry
Introduction On August 26, 2025, the Nigerian Electricity Regulatory Commission (“NERC”), pursuant to Section 34 of the Electricity Act (the “Act”), issued the Order on the Mandatory Implementation of Free Governor Control (the “Order”), which took effect from September 1, 2025. In this Newsletter, we examine key highlights of the Order. Purpose According to NERC, […]
Guidelines for the Operationalisation of Advance Cargo Declaration Regulation
On June 17, 2025, the Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) issued the Guidelines for the Operationalisation of Advance Cargo Declaration Regulation (the “Guidelines”). The Guidelines provide for the implementation and administration of the Nigerian Upstream Petroleum Advance Cargo Declaration Regulations, 2024 (the “Regulations”). The Regulations, which establish the framework for the export of […]
UPSTREAM PETROLEUM FEES AND RENTS (TEMPORARY) REGULATIONS, 2025
Introduction On May 5, 2025, the Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) issued the Upstream Petroleum Fees and Rents (Temporary) Regulations, 2025 (the “Regulation”) which is to serve as a temporary regulatory framework for the determination of fees and rents in the upstream sector pending consultations with stakeholders. The Regulation sets interim measures to […]
Nigerian Upstream Petroleum Operations (Commercial) Regulations, 2025
Introduction In exercise of the power of the Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) to review and approve commercial aspects of field development plans (“FDP”) in upstream petroleum operations, the Commission recently issued the Nigerian Upstream Petroleum (Commercial) Regulations, 2025 (the “Regulations”). The Regulation aims at regulating commercial activities in upstream petroleum operations that […]
NERC’s Guidelines on the Registration and Engagement of Third‑Party Collection Service Providers
INTRODUCTION In furtherance of the implementation of the Nigerian Electricity Regulatory Commission (“NERC”)’s Order No. NERC/183/2019, which mandates the migration of Industrial, Commercial and R3 (now Maximum Demand Residential) customers to cashless payment platforms and registration of collection agents and service providers in order to reduce collection losses within the Nigerian Electricity Supply Industry (“NESI”), […]
Nigerian Upstream Petroleum Operations (Cost Efficiency Incentives) Executive Order, 2025
INTRODUCTION On May 29, 2025, President Bola Ahmed Tinubu signed the Nigerian Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025 (the “Order”), which has a retroactive commencement date of April 30, 2025. This Order aims to tackle one of the most persistent challenges in the upstream sector: excessive and inefficient operating costs. Nigeria’s upstream operations […]
