That is why I have been thinking about what happened at the Transcorp Hilton, Abuja, on 21 July, when the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) concluded the country’s 2025 Oil Block Licensing Round. It was one of those government events that many people would dismiss as routine. Officials made speeches. Winners smiled for the cameras. Certificates changed hands. Everybody went home. But I suspect we may look back at that day differently.

