KEY POINTS President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas, PiCNG, to include electric vehicles as part of efforts to promote affordable and …
President Tinubu
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KEY POINTS The Socio-Economic Rights and Accountability Project, SERAP, has urged President Bola Ahmed Tinubu to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), …
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In the NewsOil & Gas
Tinubu Approves Fiscal Incentive to Unlock $20bn Bonga Southwest Aparo Deepwater Project
KEY POINTS President Bola Ahmed Tinubu has approved a targeted fiscal incentive designed to unlock the long-delayed Bonga Southwest Aparo (BSWA) deepwater oil project, a strategic development expected to attract …
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In the NewsOil & Gas
Tinubu Oversees Historic OPL 245 Settlement, Paving Way for Major Deepwater Investments
KEY POINTS President Bola Tinubu on Thursday announced the successful conclusion of a landmark settlement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL) over the …
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KEY POINTS President Bola Ahmed Tinubu has proposed the establishment of a Grid Asset Management Company (GAMCO) as part of efforts to tackle longstanding challenges in Nigeria’s electricity transmission network. …
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KEY POINTS A joint investigative hearing by lawmakers into the recent oil revenue directive issued by Bola Tinubu was postponed after the Minister of State for Petroleum Resources (Oil), Heineken …
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In the NewsOil & Gas
Tinubu’s Undisclosed Incentives for Shell’s Bonga South-West Project Stir Industry Speculation
KEY POINTS President Bola Tinubu’s approval to gazette targeted, investment-linked incentives for Shell’s Bonga South-West (BSW) deep-offshore oil project has generated strong interest across Nigeria’s energy industry, even as key …
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In the NewsOil & Gas
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt to Government Account
KEY POINTS President Bola Tinubu has approved the cancellation of massive legacy debts owed by the Nigerian National Petroleum Company Limited, NNPC, to the country’s central treasury. The debts, totaling …
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KEY POINTS President Bola Tinubu has moved to reinvigorate Nigeria’s faltering power sector by reconstituting the board of the Nigerian Electricity Regulatory Commission, NERC, appointing insider Dr. Musiliu Olalekan Oseni …
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Energy TransitionIn the News
Nigeria’s Senate Confirms Two Power Regulators as Tinubu Pushes Broader Diplomatic Appointments
KEY POINTS Nigeria’s Senate has confirmed two commissioners for the electricity regulator, NERC, reinforcing oversight at a time of continued reform in the power sector, while also approving a first …