Tinubu Unveils Deep Offshore Tax Incentives: $50 Billion Investment Target! President Bola Tinubu has approved the Deep Offshore Oil and Gas Tax Credit Order, 2026. This new fiscal incentive aims to attract substantial investments into Nigeria’s deep offshore oil and gas sector, making stalled projects commercially viable. It offers investors tax incentives and fiscal certainty, targeting up to $50 billion in investment, starting with the $10 billion Bonga South West project.
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