Tinubu approves offshore reform to unlock $50bn investment

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Nigeria's President Tinubu has approved offshore reforms aimed at unlocking $50 billion in investments, focusing initially on the $10 billion Bonga South West deep offshore oil project. This reform is expected to drive new developments in Nigeria's oil sector.

According to the Presidency, the framework will support a new generation of deep offshore developments, beginning with the approximately 10 billion dollars Bonga South West project The post Tinubu approves offshore reform to unlock $50bn investment appeared first on Vanguard News.