2026 Mid-Year Nigeria Power Sector Report
Introduction The Nigerian Power Sector continued to witness significant regulatory, institutional, and market developments during the first half of 2026. Despite these developments, the Sector continues to grapple with longstanding structural challenges that undermine its operational efficiency and financial sustainability. As highlighted in our 2025 End-of-Year Nigeria Power Sector Report, the persistent liquidity crisis driven […]
Implementing Executive Order 9 Of 2026
Executive Order 9 of 2026 (the “Order”) is more than a revenue remittance directive. It represents a significant shift in Nigeria’s petroleum governance framework, with implications for operators, investors, regulators, contractors, and the wider energy sector. While much of the public conversation has focused more on the requirement that petroleum revenues be paid directly […]
The Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 – Commentary by Tope Adebayo, Senior Partner, Tope Adebayo LP
On February 13, 2026, the President of the Federal Republic of Nigeria signed Executive Order 9 of 2026 (“the Order”) pursuant to Section 5 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) (“ the Constitution”). The order mandates direct remittances of all Royalty Oil, Tax Oil, Profit Oil, Profit Gas, and […]
Technology Transfer in Nigeria’s Oil and Gas Industry: Compliance, Gaps, and Practical Solutions
Introduction Technology transfer is the sharing or disseminating of knowledge, skills, methods, technologies, equipment, intellectual property or innovations from one entity (often a foreign company, university or research institution) to another (often a local company, country, or individual) enabling the recipient to use, adapt, and apply it independently to foster innovation, economic development and improved […]
Nigeria 2025 Licensing Round
On November 11, 2025, the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) announced that Nigeria’s 2025 Licensing Round will commence on December 1, 2025. The announcement was made by the Commission’s Chief Executive, Engineer Gbenga Komolafe, at the 1MMBOPD Additional Production Investment Forum in London. The licensing round focuses on discovered but undeveloped […]
End-Of-Year Report on the Nigerian Oil And Gas Industry
INTRODUCTION As we enter the new year, it is important to reflect on the major developments that shaped Nigeria’s oil and gas industry in 2025. The sector continued to evolve under the framework of the Petroleum Industry Act (PIA), 2021 and the current administration’s six policy directives: Presidential Directives 40 (Tax Incentives Order 2024), 41 […]
2025 End-Of-The-Year Report on the Nigerian Power Sector
Introduction The year 2025 has seen concerted efforts to enhance performance and strengthen investor confidence across all segments of the Power Sector value chain. As highlighted in our 2025 Mid-Year Report on the Nigerian Power Sector (“2025 Mid-Year Report”), several key regulatory instruments were introduced to improve grid stability, governance, operational discipline and market […]
The Nigeria Mining Sector- 2025 End-Of-Year Report
INTRODUCTION The year 2025 marks a historic inflexion point for Nigeria’s mining and solid minerals sector. It is the final year of the 10-year implementation horizon set by the 2016 Mining Roadmap (“the Roadmap”) and, at the same time, the foundation year for a new, more targeted policy era anchored on energy transition and critical […]
The 2025 Nigeria Oil and Gas Industry Mid-Year Report and Future Projections
INTRODUCTION In our 2024 Mid-Year and End-of-Year Report, we highlighted key infrastructural development, emerging investments, and regulatory reforms in accelerating Nigeria’s energy transition, particularly following the Federal Government’s declaration of the Decade of Gas initiative. We tracked the progress of strategic projects, policy interventions, and state-run refinery rehabilitation efforts, while also highlighting projections for Nigeria’s […]
Mining
The Nigerian mining sector is a relatively untapped one with huge potentials for the forward-thinking miner and investor. The country has come to realize the urgent need for economic diversification and the mining sector is forecast to be a major win. Our mining team is poised to help you explore the full potential that this […]
