WAKE UP CALL FOR NIGERIA’S OIL WELLS: NO MORE DORMANT DRILLS!
Senator Heineken Lokpobiri just dropped the mic on lazy oil wells and sleepy operators—time to either produce or pack up!
At the 2025 Nigeria Oil and Gas Energy Week, Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, made it crystal clear: Nigeria won’t stand for dormant oil wells or underperforming assets anymore. Operators must revive shut-in wells and turn idle licenses into real output—or risk having their partnerships re-evaluated and possibly revoked.
With global funding tightening, the government insists that only companies with the technical and financial muscle to maximize Nigeria’s oil riches should hold the keys. No more using oil licenses as cash machines for unrelated ventures—this is about national growth and economic value, not side hustles.
Lokpobiri’s message? Joint Ventures and Financial/Technical Services Agreements are built on trust and national interest. If you can’t deliver, step aside or step up!
President Tinubu’s mandate to review all operatorships signals a new era: accountability, productivity, and a no-nonsense approach to Nigeria’s oil wealth.
#OilWakeUpCall #NoMoreDormantWells #NigeriaOil2025 #EnergyReform #UnlockNigeriaOil
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