Nigeria energy policy

Tinubu Fixing Obasanjo’s Mistakes, Not Acting As Petroleum Minister – Presidency

Oct 28, 2024. by Praise Ben

President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, has clarified that Tinubu is addressing a longstanding oversight made during former President Olusegun Obasanjo’s tenure regarding Nigeria’s focus on gas development in the energy sector. Onanuga made this statement during an appearance on Channels Television’s Politics Today on Sunday, highlighting that Tinubu’s approach … Read more

FG Grants Tax Exemptions to Oil & Gas Sector to Lower Prices

Oct 3, 2024. by Ekohot Editor

To address the wave of divestments in Nigeria’s oil and gas sector, the Federal Government has introduced a new fiscal framework offering extensive tax exemptions. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, announced that the fiscal incentives are designed to rejuvenate the oil and gas industry. tax exemptions are outlined … Read more