Nigeria’s petroleum industry has been a cornerstone of its economy since the discovery of oil in commercial quantities in Oloibiri in 1956. Initially dominated by international oil companies (IOCs), the industry has evolved over the decades. To stimulate growth and broaden participation, the government introduced several licensing roundswhich is aimed at empowering indigenous companies.
A BIRD AT HAND: NAVIGATING NIGERIA’S 2024 OIL BID ROUND: OPPORTUNITIES, CHALLENGES, AND STRATEGIC INSIGHTS.
