NIGERIA EYES $50BN OIL BOOST! The Federal Government anticipates $30bn-$50bn in offshore oil and gas investments between 2026-2030, leveraging 22 new projects. The NUPRC cites improved investor confidence from Petroleum Industry Act reforms and transparent licensing. These investments aim to boost crude production, create jobs, and enhance Nigeria’s energy security, according to NUPRC Chief Executive Oritsemeyiwa Eyesan.
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