Independent Petroleum Producers Group (IPPG) has endorsed recent Executive Orders signed by President Bola Ahmed Tinubu, aimed at revitalising investment in Nigeria’s oil and gas sector and positioning the nation as Africa’s premier investment destination within the energy sector. President Tinubu’s policy directives include the introduction of value-adding fiscal incentives for investments in upstream non-associated gas (NAG) developments, midstream infrastructure, and deepwater assets.
The orders also streamline the industry’s contracting process, and seek to reform local content practices. According to the IPPG, all these measures are pivotal to the future of the industry and have been recommended by the industry for many year
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