‘Executive Order on energy sector good for growth’

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The Nation Newspaper ‘Executive Order on energy sector good for growth’

The Women in Energy Network has said the Oil and Gas Companies Executive Order 2024 recently signed by President Bola Tinubu remains one of the strongest propellers of gas driven industrial catalysts in the economy.

And with the incentives provided for in the executive order, it is expected that some of the country’s discovered gas fields would now begin to see development and production investments., praised President Tinubu for the Presidential Executive Order, saying it conforms to the long required incentives for unlocking oilfield development investments in the nation’s petroleum sector.

She further noted that the Executive Order would not only enable the much-needed investments in the upstream petroleum industry but also enhance ease of doing business by providing fiscally congenial space for inflow of investment capital into the nation’s oil and gas sector.

 

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