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ARTICLE · 01 SEPTEMBER 2026

Energy And Infrastructure Sector News Update August 2026

Advocaat Law Practice
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Advocaat Law Practice presents its comprehensive monthly roundup of significant developments, regulatory changes, and emerging trends shaping Nigeria's energy and infrastructure landscape. This curated update examines key policy shifts, project announcements, and legal frameworks affecting stakeholders across the power, oil and gas, and infrastructure sectors.

NigeriaEnergy and Natural Resources
Oladotun Alokolaro
Oladotun Alokolaro
Hassan Sherif
Hassan Sherif
Victoria Obi
Victoria Obi
Miracle Ikani
Miracle Ikani
Onyeka Chika
Onyeka Chika

OIL AND GAS SECTOR

FG signs the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order 2026

President Bola Ahmed Tinubu signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order 2026 on 6th August, 2026. The Order introduces a Standard Production Tax Credit (PTC) for qualifying deep offshore oil and non associated gas projects, subject to specified fiscal price thresholds and other conditions. The Order also requires compliance with Nigerian Content requirements, while the tax credits are non refundable, non-transferable, and ring-fenced to the qualifying project. For companies undertaking or considering qualifying deep offshore projects, understanding the scope and conditions of the incentive will be important when assessing existing and future investments.

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