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 […]
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 […]
