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FG Issues 24-Hour Deadline To Investors For Oil Block Licensing Registration

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FG has issued a 24-hour deadline to investors for oil block licensing registration.

JomogNews Nigeria reports that the Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a 24-hour deadline for new investors to register for the 2024 oil block licensing bid round.

This announcement was made by Mr. Gbenga Komolafe, the Chief Executive of NUPRC, on Wednesday at the 23rd Nigerian Oil and Gas Energy Conference (NOG) in Abuja, which is themed “Showcasing Opportunities, Driving Investment, Meeting Energy Demand.”

In his presentation titled “Defining the Outlook for Deep Water Exploration and Production in Nigeria,” Komolafe stated that the registration and submission of pre-qualification documents will close at midnight on Friday, July 5, 2024.

“Registration closes at 12 midnight Friday, July 5, 2024,’’ he said.

According to Komolafe, the launch of the bid portal and advertisement, which began on May 29, 2024, concluded on May 10, 2024.

He mentioned that the technical and commercial bid submission processes, including data access, data purchase, evaluation, bid preparation and submission, technical bid evaluation, publication of pre-qualified companies, and the commercial bid conference, would commence on August 7 and conclude on December 13.

Komolafe stated that ministerial consent, contracting, and negotiation would start on December 16 and end on January 29, 2025.

He also noted that the total number of blocks available was 31, with five blocks currently under litigation.

Speaking on high-impact achievements to optimize production, the head of the NUPRC said the commission conducted a comprehensive integrated study on the reactivation of shut-in strings in Nigeria, aiming to unlock 700 Million Barrels of Oil Per Day (MBOPD).

The Chief Executive explained that approvals were granted for well interventions and re-entry operations with the potential to develop more than six Million Barrels (MMB) of oil and five Trillion Cubic Feet (TCF) of gas.

He further mentioned that the Field Development Plans for additional production were approved for four fields, with a peak potential of approximately 125 MBOPD.

He noted that the commission accelerated the approval and commissioning of four Alternative Crude Oil Evacuation Routes (ACOER) with a total combined capacity of about 250 MBOPD.

“The commission has engaged the E&P Companies on unlocking about 57 Trillion Cubic Feet (TCF) of uncommitted or unmonetised gas reserves.

“We developed and unveiled a template guiding the activities for Domestic Crude Oil Supply Obligation (DCSO) to ensure adequate and uninterrupted feedstock to all domestic refineries in Nigeria.

“We have issued the annual Domestic Gas Delivery Obligation (DGDO) to all lessees to drive gas production growth,’’ he said.

 

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Reps Plenary Turns Chaotic As Motion To Rescind Electoral Act Amendment Sparks Row

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The House of Representatives descended into a rowdy session on Tuesday during an emergency plenary called to reconsider the Electoral Act (Amendment) Bill, 2025.

The chaos was triggered by a motion to rescind the bill’s earlier passage from December 23, 2025, which had mandated the real-time electronic transmission of election results to the IReV portal.

During plenary, Francis Waive, chairman of the house of representatives committee on rules and business, moved a motion for the house to reverse its decision on the bill which was passed on December 23, 2025.

When Tajudeen Abbas, speaker of the house, put the motion to a voice vote, the “nays” were louder than the “ayes”, but he ruled that the ayes had it.

The ruling triggered protests from lawmakers, who began hollering in objection. Abbas subsequently called for an executive session, but the proposal was also rejected.

Despite the resistance, the speaker moved the house into an executive session.

When the green chamber passed the electoral act in December, it adopted a proposal mandating the real-time transmission of election results to the Independent National Electoral Commission’s result viewing portal (IReV).

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El-Rufai Alleges Ribadu Behind Airport Arrest Attempt, Reveals Next Move

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Former Kaduna State Governor, Nasir El-Rufai, has accused National Security Adviser, NSA, Nuhu Ribadu of being behind the attempt to arrest him at the Nnamdi Azikiwe International Airport in Abuja on Thursday, shortly after he returned from a trip to Cairo, Egypt.

El-Rufai made the allegation while speaking with former Vice President Atiku Abubakar, who paid him a solidarity visit at his residence on Thursday night.

According to him, operatives of the Independent Corrupt Practices and Other Related Offences Commission, ICPC, working with the Department of State Services, DSS, and not the Economic and Financial Crimes Commission, EFCC, confronted him at the airport and attempted to take him into custody.

“It turned out that it’s the ICPC that procured DSS to abduct me and hands me over to them. The ICPC has never invited me.

“We just understand that it’s the ICPC not EFCC that’s responsible for what happened today and the ICPC chairman is acting of the direct order of Nuhu Ribadu,” El-Rufai said.

Responding, Atiku expressed sympathy with the former governor and stressed the need for political unity ahead of the next general election.

The ex-Vice President noted that opposition forces must organize themselves to challenge President Bola Tinubu in 2027.

“We must come together and form very viable opposition because Tinubu is determined to turn Nigeria into a one party state,” Atiku said.

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Nnamdi Kanu Challenges Life Sentence, Files Appeal Against Terrorism Conviction

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Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has officially filed a notice of appeal challenging his conviction and multiple sentences.

 

Kanu insisted that the trial was riddled with fundamental legal errors and amounted to a miscarriage of justice.

In the notice of appeal dated February 4, 2026, Kanu said he was appealing against his conviction and sentences on seven counts, including terrorism-related offences, for which he received five life sentences and additional prison terms after being found guilty on November 20, 2025.

“I, Nnamdi Kanu, the Appellant, having been convicted and sentenced… do hereby give notice of appeal against my conviction,” the document stated.

Kanu was convicted for offences including “committing an act preparatory to or in furtherance of an act of terrorism,” “making a broadcast… with intent to intimidate the population,” and “being the leader and member of the Indigenous People of Biafra (IPOB), a proscribed organisation in Nigeria,” among others.

Justice James Omotosho of the Federal High Court, Abuja, delivered the judgment on November 20, 2025, sentencing Kanu to five life terms for terrorism-related offences, 20 years’ imprisonment for being the leader of the proscribed IPOB, and five years’ imprisonment with no option of fine for importing a radio transmitter without a licence.

In his grounds of appeal, the IPOB leader accused the trial court of failing to resolve what he described as a “foundational disruption of the original trial process” following the 2017 military operation at his Afara-Ukwu residence.

“The learned trial judge erred in law by failing to resolve the procedural and competence consequences of the foundational disruption of the original trial process in September 2017,” Kanu argued.

He also contended that the court proceeded to trial and judgment while his preliminary objection challenging the competence of the proceedings remained unresolved.

“The learned trial judge did not hear or determine the objection,” the appeal document stated, adding that judgment was delivered “while the objection remained pending and undetermined.”

Kanu further faulted the court for delivering judgment while his bail application was still pending, arguing that this affected the fairness of the trial process.

He also claimed that the trial court convicted him under a law that had already been repealed, stating that “the learned trial judge erred in law by convicting and sentencing the Appellant under the Terrorism Prevention (Amendment) Act, 2013, notwithstanding its repeal by the Terrorism (Prevention and Prohibition) Act, 2022, prior to judgment.”

Kanu further argued that he was subjected to double jeopardy, contrary to Section 36(9) of the 1999 Constitution, after being retried on facts he said had earlier been nullified by the Court of Appeal.

He also complained that he was denied fair hearing, claiming that he was not allowed to file or present a final written address before judgment was delivered.

Among the reliefs sought, Kanu asked the Court of Appeal to allow the appeal, quash his conviction and sentences, and “discharge and acquit the Appellant in respect of all the counts.”

He also informed the appellate court of his desire to be present at the hearing of the appeal, stating, “I want to be present at the hearing of the appeal because I may be conducting the appeal in person.”

Kanu is currently being held at a correctional facility in Sokoto State, after his application to be transferred to a different facility in either Niger or Nasarawa State was denied.

 

 

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