Nigerian President Tinubu signs executive orders to enhance investment in oil and gas sector, offering fiscal incentives and reducing costs.

Nigerian President Bola Tinubu has signed executive orders to boost investment in the oil and gas sector, aiming to improve the nation's investment climate and position Nigeria as the preferred destination for investment in Africa's oil and gas sector. Tinubu introduced fiscal incentives for related projects, reduced contracting costs and timelines, and promoted cost efficiency in local content requirements. These reforms follow extensive engagements, analyses, and benchmarking with other jurisdictions.

March 06, 2024
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