Nigeria: Reforms in Oil, Gas Sector Have Delivered $18bn Fdps in 2025
8 Articles
8 Articles
Komolafe praises Tinubu's reforms as Nigeria secures $18bn in oil, gas investments
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe says President Bola Tinubu’s reform agenda has repositioned Nigeria as one of the world’s most attractive destinations for upstream oil and gas investment. Speaking at Africa Oil Week in Accra, Ghana, Komolafe said that bold policy shifts, anchored in the Petroleum Industry Act (PIA) 2021 and reinforced by presidential executive orders, ha…
Nigeria: Reforms in Oil, Gas Sector Have Delivered $18bn Fdps in 2025
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has said that the country's reform agenda delivered 28 Field Development Plans (FDPs) valued at $18.2 billion in investment commitments in 2025 alone.
How Billions are Flowing Into Nigeria’s Oil and Gas Sector Under Tinubu
Nigeria’s oil and gas sector is undergoing a dramatic transformation, with billions of dollars now pouring into projects that promise to reshape the country’s energy future. At the center of this momentum is President Bola Tinubu’s reform agenda, which has been hailed by industry leaders as the driving force behind renewed global confidence in Nigeria’s … The post How Billions are Flowing Into Nigeria’s Oil and Gas Sector Under Tinubu appeared …
NUPRC Reforms Unlock 28 Field Plans, $18bn Investments
NUPRC CEO, Gbenga Komolafe Nigeria’s upstream reset is starting to show in hard numbers. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its reform drive—anchored on the Petroleum Industry Act (PIA) and a new rulebook—has yielded 28 approved Field Development Plans (FDPs) in 2025, tied to $18.2bn in committed CAPEX. The package unlocks an estimated …
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