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πŸ‡³πŸ‡¬ Punch
National & Local

Nigeria secures $18.2bn oil investments, 28 field plans

Nigeria has signed 28 new field development plans worth $18.2 billion, expected to produce 1.4 billion barrels of oil, as announced by Minister Heineken Lokpobiri at the Nigeria International Energy Summit 2026.

Feb 4 β€’ 02:39 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

FG approved 28 new oil field plans worth $18.2bn in 2025 β€” Minister

Nigeria has approved 28 new Field Development Plans valued at $18.2 billion, expected to unlock around 1.4 billion barrels of crude oil reserves by 2025, according to the Minister of State for Petroleum Resources, Senator Heineken Lokpobiri.

Feb 3 β€’ 18:14 UTC

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