Tinubu approves deep offshore reform targeting $50 billion investment in Nigeria’s oil sector

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Nigeria's President Bola Tinubu has approved a comprehensive offshore oil sector reform aimed at unlocking up to $50 billion in new investment through a transparent, rules-based system. This landmark policy replaces previous project-by-project negotiations and is expected to boost Nigeria's oil and gas industry significantly.

President Bola Tinubu has approved a landmark deep offshore investment reform aimed at unlocking up to $50 billion in new investment across Nigeria’s offshore oil and gas sector, replacing the long-standing system of project-by-project negotiations with a transparent, rules-based investment framework. The post Tinubu approves deep offshore reform targeting $50 billion investment in Nigeria’s oil sector appeared first on Nairametrics.