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The Nigerian government has introduced a new order aimed at stimulating investment and growth in the oil and gas sector.

The Regulations were issued pursuant to the powers of the Nigerian Upstream Petroleum Regulatory Commission under the PIA to issue guidelines in respect of upstream petroleum operations.

The CCA 2021 sets out a compliance framework for climate change obligations for different sectors in the Country including; the Ministries, Departments, and Agencies (MDAs), public entities, and private entities.

Nations across the world have increasingly adopted climate change laws over the last two decades.

The Honourable Minister of Finance, Budget and National Planning ("the Minister") recently issued the Value Added Tax (Modification) Order, 2021 ("2021 Order"), which is effective from 30th July, 2021.

A major highlight of 2023 was the general election which ushered in a new government. Importantly, while as a final act, the outgoing government passed the Finance Bill 2023...

Profit is the motive of every business and for any business owner to realize profit from an undertaking the production cost must be less than the sales cost.

With the advent of the Renewable Energy in the 21st century and the privatisation of the Nigerian Power Sector, there have been new policies, reforms in the Sector.

It is estimated that about 92 million of the over 200 million people, that make up the entire population of Nigeria have no access to electricity.

RECOMMENDATIONS FOR ADDRESSING IDENTIFIED ISSUE(S) IN INSOLVENCY OF AN OIL AND GAS ASSET HOLDER IN THE NIGERIAN PETROLEUM INDUSTRY

Ghana and Nigeria are witnessing a transformative period in their energy and natural resources sectors, marked by major capital investments, regulatory reforms, and infrastructure development. From petroleum hub agreements and seismic exploration to utility-scale solar projects and mining law amendments, both nations are strategically positioning themselves to convert resource endowment into sustained industrial capacity.

When all is put together, the difficulty faced by the NESI in conceding to a two-month hiatus on tariff payments becomes apparent.

With the discovery of oil in commercial quantity in 1956, the Nigerian government began to place undue reliance and focus on the oil and gas sector to the detriment of other key sectors...

Nigeria stands at a vital moment in its energy evolution, where ambitious regulatory frameworks and strategic partnerships are converging to reshape the national power landscape...

Stakeholders must consider all the key aspects of the PIB including fiscal provisions, impact on project economics, financial reporting, contracts and covenants, local content and political dimensions.

Mini-Bid Rounds 2022 – On December 21, 2022, the Federal Government of Nigeria through the Nigerian Upstream Petroleum Regulatory Commission (the "Commission")

We summarise the key events from 2023 in Nigeria's energy sector – a year that saw the start of a new presidency and the end of the fuel subsidy.

The Nigeria-Morocco Gas Pipeline (NMGP) represents one of Africa's most ambitious cross-border infrastructure projects. As planning advances...