Nigeria’s oil and condensate reserves fell by 0.22 percent in January 2022 to 36.966 billion barrels in January 2023. Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe stated this during the ‘Pivoting Upstream Petroleum Regulation and Investment’ session at the sixth Nigerian International Energy Summit (NIES) in Abuja. He attributed the...
