Tinubu Approves Framework to Unlock $50bn Deep Offshore Investment

S-West group urges Tinubu to expedite state police bill

By Dapo Akinrefon LAGOS — The Southwest Security Stakeholders Group, SSSG, has urged President Bola Tinubu to expedite action on the establishment of state police following the passage of the proposed constitutional amendment by the National Assembly. The group made the call on Tuesday after an extraordinary meeting held at Oodua House, Ikeja, Lagos. The […] The post S-West group urges Tinubu to expedite state police bill appeared first on Vangu…

Tinubu approves framework to unlock $50bn deep offshore investment

President Bola Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments and reviving major projects that have remained stalled for years. The post Tinubu approves framework to unlock $50bn deep offshore investment appeared first on Premium Times Nigeria.

Tinubu approves new framework to unlock $50bn deep offshore investment

President Tinubu has approved a new framework to attract $50bn in deep offshore investment, replacing project-by-project negotiations with clear rules. Read More: https://punchng.com/tinubu-approves-new-framework-to-unlock-50bn-deep-offshore-investment/

Proposed Reform: Tinubu Approves Framework To Unlock $50bn Deep Offshore Investment

By Ambrose Amos President Bola Tinubu has approved a reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to $50 billion in deep offshore investment.In a statement on Tuesday,  presidential spokesperson, Bayo Onanuga said the reform is expected to restart Nigeria’s large, capital-intensive offshore developments that have remained stalled for decades.Onanuga said the approval also enab…

Tinubu approves framework to unlock $50bn new deep offshore investment

A defining feature of the reform is its emphasis on Nigerian industrial capability, said Olu Arowolo-Verheijen, the President’s special adviser on oil and gas.