Tinubu Signs Executive Order to Slash Oil Project Costs and Attract Investment

In a strategic move aimed at revitalizing Nigeria’s oil and gas sector, President Bola Tinubu has signed a landmark Executive Order designed to cut upstream petroleum project costs and stimulate fresh investment. The order, officially named the Upstream Petroleum Operations Cost Efficiency Incentives Order, 2025, introduces a system of performance-based tax incentives for oil operators [...]

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