Resources
2024 Energy Sector Wrap-up Report.
The 2024 Energy Sector Wrap Up Report details the landmark achievements and milestones in Nigeria’s energy sector under the visionary leadership of President Bola Ahmed Tinubu and sets the stage for continued progress in the year ahead.
Download the reportPolicy directives
Articles and Op-eds
Overview of the Value Added Tax (VAT) Modification Order, 2024 and the Notice of Tax Incentives for Deep Offshore Oil & Gas Production, 2024: Implications for Nigeria’s Oil and Gas Industry
Nigeria: VAT (Modification) Order, 2024 expands list of VAT-exempt goods and services
VAT Modification Order 2024 - Incentivising Energy Transition in Nigeria
The Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024
Nigeria proposes new tax incentives to attract deepwater gas exploration investors
Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024
New Energy Incentives: VAT Exclusion and Tax Reliefs on Key Oil and Gas Commodities
Highlights of the Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024
Deep Offshore Production: 2024 Tax Incentives
Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024
Putting Every Barrel to Work: Nigeria’s New Presidential Directive on Cost Efficiency Targets New Investments, Improved Revenues and National Value - Abuja, Nigeria. May 2025
President Bola Ahmed Tinubu has issued a new Executive Order designed to lower project costs, attract investment, and enhance revenues from oil and gas operations. The Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) introduces performance-based tax incentives for upstream operators who deliver verifiable cost savings that meet defined industry benchmarks.
Goodwill Message – Nigerian Oil and Gas Opportunity Fair (NOGOF) 2025 By Mrs. Olu Arowolo Verheijen, Special Adviser to the President on Energy
At the 2025 Nigerian Oil and Gas Opportunity Fair, the Special Adviser to the President on Energy, Mrs. Olu Arowolo Verheijen Delivered a goodwill message to participants, emphasizing on the government's commitment to indigenous capacity, local content, and energy-driven industrialization.
“Capital Has No Passport. Africa Has No Excuses.” — Nigeria’s Energy Adviser Issues Stark Call for Investment Discipline at Africa CEO Forum
Abidjan, Côte d’Ivoire, 14 May 2025—At the 2025 Africa CEO Forum, Olu Verheijen, Special Adviser on Energy to the President of Nigeria, delivered a blunt message to policymakers, investors, and industry leaders across the continent: capital is not African or foreign—it is rational.