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 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 […]
End-of-Year Report on the Nigerian Gas Industry and Investment Projections for 2025 and Beyond
INTRODUCTION In our 2024 Mid-Year Report, we reviewed progress under Nigeria’s Decade of Gas policy, major investments, infrastructure development and divestments in the sector by oil majors, the Federal Government of Nigeria’s (FGN) efforts to boost investments through the 2023-2030 Drilling Campaign and Deep-Water Projects, and the funding sources driving these developments. We also highlighted […]
Power Sector Industry Overview 2024
Introduction The year 2024 was transformative for the Nigerian Power Sector, marked by several significant developments including the handover of the 700MW Zungeru hydropower plant, the successful implementation of Service-Based Tariff and the removal of the electricity subsidy for Band-A consumers, the initiation of the transition to State-level regulation, among other milestones. This 2025 Power […]
