Tinubu Issues New Executive Order to Slash Oil Production Costs, Reward Efficient Operators

In a fresh move to transform Nigeria’s oil and gas sector and attract more investment, President Bola Tinubu has signed a new Executive Order designed to lower project costs, reward operational efficiency, and enhance government revenues. The order, titled “The Upstream Petroleum Operations Cost Efficiency Incentives Order (2025),” introduces performance-based tax incentives for companies that [...]The post Tinubu Issues New Executive Order to Slash Oil Production Costs, Reward Efficient Operators appeared first on Tekedia.

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