Nigeria’s 2025 oil reform bill sparks concern over reduced transparency and increased political control.

Nigeria’s 2025 proposed amendment to the 2021 Petroleum Industry Act raises concerns over weakening oil sector reforms by merging regulatory and contract negotiation roles at NUPRC and placing the Ministry of Finance as sole shareholder of NNPC Limited, potentially increasing political influence and reducing transparency. Meanwhile, the House of Representatives condemned major oil companies in Imo State for failing to comply with PIA requirements, including establishing local offices, hiring locals, supporting Nigerian businesses, and fulfilling tax and community development obligations, warning such violations risk unrest and threaten production.