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The new administration led by President Bola Ahmed Tinubu and the office of the Special Adviser on Energy Olu Verheijen, who coordinated across multiple agencies and ministries, has been proactive in its efforts to address issues in the sector with the aim of making Nigeria competitive and attractive to accelerate investments.
With this announcement, the administration’s intent to strengthen the PIA with new directives is boosting Nigeria’s attractiveness to investments in the oil and gas industry. The TEPNG JV appears to be the first step to improve Nigeria’s gas supply capability, including domestic gas, and economic development by extension.PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible.