WHAT ARE THE BROAD OBJECTIVES OF THE 2024 LICENCING ROUND?

The8broadobjectivesofthe2024LicensingRoundare:

i.   TogrowtheNigeriaoilandgasreserves

ii.   ToenhanceNigeriancontentdevelopment

iii.   Toattractforeigndirectinvestment

iv.   Tocontributetoalong-termglobalenergysufficiency

v.   ToboastNigeriaoilandgasproduction

vi.   Toexpandopportunityforgasutilization

vii.   Tocreatejobopportunities,and

viii.  TocreatevaluetotheNigeriaGovernmentandinvestors.