Tinubu establishes presidential taskforce to design new reforms in petroleum sector
The Taskforce aims to unlock $5-10 billion in liquidity and produce detailed reform blueprints to strengthen governance and position Nigeria as a global energy investment hub.
- On March 13, 2026, President Tinubu approved a Presidential Petroleum Reform and Value Optimisation Taskforce, announced by a presidential spokesperson.
- A presidency statement said the Taskforce is a time-bound, high-level body tasked with producing reform blueprints to consolidate reforms and unlock Nigeria's petroleum sector capital, aimed at strengthening energy investment.
- The Taskforce must produce an Implementation Toolkit for Immediate Structural Fixes, a Capital & Liquidity Acceleration Blueprint , and a ten-year National Energy Transformation Strategy, according to President Tinubu's directive.
- The President directed all MDAs to make documentation available and committees to align activities, with the Taskforce reporting monthly and dissolving after its final report is accepted.
- The Taskforce will operate as a technical reform body, with an interim report due after three months and final outputs in six months, before dissolving upon report acceptance.
25 Articles
25 Articles
Tinubu establishes presidential taskforce to design new reforms in petroleum sector
President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to coordinate the next phase of structural reforms in Nigeria’s petroleum sector. The announcement was made in a statement signed by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on March 13, 2026. According to the statement, the Taskforce will be chaired by Fola Adeola, who will coordinate …
Tinubu Sets Up Presidential Petroleum Reform Task Force - Economi Confidential
President Bola Ahmed Tinubu has approved the creation of a Presidential Petroleum Reform and Value Optimisation Task Force to design the next phase of structural reforms in Nigeria’s petroleum sector. The post Tinubu Sets Up Presidential Petroleum Reform Task Force appeared first on Economi Confidential.
JUST IN: Tinubu establishes task force on Presidential Petroleum Reform - NewsTmes.com.ng
President Bola Tinubu on Friday approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector. The chairman of the task force, Fola Adeola, who is the co-founder of Guaranty Trust Bank and founder and chairman of the Fate Foundation … The post JUST IN: Tinubu establishes task force on Presidential Petroleum Reform appeared f…
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