EnergyReformsNG

In this @BusinessDayNg interview, Jagir Baxi, Chairman and Managing Director of Esso Exploration and Production Nigeria Ltd (an @exxonmobil affiliate), said: “The incentive structure that has been codified has made Nigeria more globally competitive as an investment destination… This administration has created genuine momentum for speed, through the presidential directives, through the visible support for specific projects, through the tenor of engagement. Our obligation is to match that momentum. Protect what we have today. Bring the new capacity with urgency.” This is precisely the objective of the Presidential directives issued by President Bola Ahmed Tinubu, GCFR @NGRPresident @officialABAT These sentiments reflect what we continue to hear from many IOCs and indigenous operators across the industry. Link to interview: businessday.ng/interview/arti…

Pitching Nigeria to global investors in Paris. #PBATInFrance

NOGICD Act IS TODAY 🎉🎉 Today marks the 16th anniversary of the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. It’s also been 16 years since the establishment of the Nigerian Content Development and Monitoring Board (NCDMB) … years of transformative impact on the Nigerian oil and gas industry At NCDMB we have made significant contributions to our national economy, enabling mega projects, linking and catalyzing key sectors We have created jobs and opportunities for industry players, integrated local communities into the energy industry’s value chain Across the African continent, we have influenced local content policies, inspired other Africans nations to play active roles in their energy sector, helped pull their people out of poverty. Congratulations NCDMB Congratulations Nigerian Content stakeholders Congratulations Nigeria.

Applications are now open for the NLNG 2026 Post-Primary Scholarship Scheme, designed to support bright Basic Six pupils from NLNG host communities in Rivers State through their secondary school education. If your child meets the requirements, we encourage you to apply and take a step towards a brighter future. Entry closes: 11 May 2026 Apply here: nlngscholarships.smapply.io/prog/PPSS/ Give your child the opportunity to learn, grow, and achieve more. #NLNG #ScholarshipOpportunity #EducationMatters #Parents #FutureLeaders

NLNG’s Leadership recently held an engagement with key government stakeholders to strengthen collaboration on Nigeria’s energy future. At the centre of the discussion was a shared objective to unlock Nigeria’s gas potential to drive economic growth, stability, and long-term national development. With Train 7 nearing completion, NLNG remains focused on expanding production, strengthening global competitiveness, and increasing domestic gas supply in line with national priorities like the Decade of Gas. Beyond operations, the company continues to contribute to national development through impactful projects, including infrastructure delivered via public–private partnerships. NLNG remains committed to supporting Nigeria’s energy vision and driving sustainable national growth. #NLNG #EnergyForGrowth #DecadeOfGas #Nigeria #EnergyTransition

In this @SPGMarketIntel Executive Insight with @NatznetOnAfrica , Vice President and Head of Analysis, Global Insights at S & P Global Market Intelligence, @OluVerheijen discussed how Nigeria is positioning itself amid global disruptions in the energy sector. She emphasized that Nigeria’s reform agenda is no longer focused on simply adding more oil barrels or LNG cargoes, but on building a functional, market-driven system capable of attracting private-sector capital at scale. According to her, the goal is to deliver reliable power to the economy, support a competitive manufacturing sector, and ultimately drive productivity, job creation, and income growth across the value chain. Watch the full interview here: ceraweek.com/en/news/execut…

The February 2026 Commercial Performance Factsheet breaks down the financial health and efficiency of the Distribution Companies (DisCos), including the new ATC&C loss targets. Highlights: Billing Efficiency: Stood at 87.44%, with total energy billed reaching ₦242.29bn. Collection Efficiency: Recorded at 81.17%, resulting in a total revenue collection of ₦196.68bn for the month. ATC&C Loss Targets: The Commission approved reduced targets for 2026 (averaging 16.64%) to reflect the expected impact of DisCo investments made in 2025. Revenue Recovery: The average recovery efficiency across all DisCos was 80.67%. Visit nerc.gov.ng to stay informed on the numbers shaping the NESI. #NERC #CommercialPerformance #DisCos #EnergyFinance #Nigeria #ElectricityData #Factsheet #EnergyInsights #NESI

"We will not bring back subsidy because it creates destruction for the economy, and we won't introduce price control because we believe in the market...the situation in Iran presents new opportunities for us as the world looks to diversify sources of energy and invest in new market" - Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele

The Nigerian Upstream Petroleum Regulatory Commission @NUPRCofficial has released Domestic Crude Supply Obligation (DCSO) in accordance with the provisions of the Petroleum Industry Act. Read the full report here: nuprc.gov.ng/nuprc-releases…

REPORT: Nigeria's Energy Renaissance under President Bola Tinubu. A Three-Year Review #RenewedHopeAgenda #PresidentTinubu #StatehouseDigital

NUPRC releases DCSO report for Q1 2026 The Nigerian Upstream Petroleum Regulatory Commission has released the statistics on the enforcement of the Domestic Crude Supply Obligation (DCSO) in accordance with the provisions of the Petroleum Industry Act. A summary of the monthly allocation shows that 61.9 million barrels of crude oil were allocated to domestic refineries during the quarter, while producers collectively offered a higher volume of 68.7 million barrels. However, actual supply to local refineries was 28.5 million barrels, translating to a supply conversion rate of 36-46 per cent as of the end of the first quarter (Q1) 2026. The shortfall between volumes offered and actual deliveries has been attributed primarily to pricing gaps between producers and domestic refiners. The Commission emphasised that the current framework operates on a “willing buyer, willing seller” basis, which continues to shape transaction outcomes. Read more when you visit: nuprc.gov.ng/nuprc-releases…

Yesterday’s announcement signals the next phase of Nigeria’s energy reforms. I am grateful to His Excellency, President Bola Ahmed Tinubu GCFR @NGRPresident, for the opportunity to serve and to help deliver measurable progress over the past three years — restoring credibility, unlocking investment, and repositioning the sector for growth. (See attached: 3-Year Review of Energy Sector Reforms.) I welcome Mr.@JosephOTegbe as Minister of Power, and Mr. Rilwan Lanre Babalola as Special Adviser on Power and Chairman of the Presidential Taskforce on Power Sector Reset. This is a decisive step to accelerate delivery in the electricity sector. On this Workers’ Day, I salute my team — whose discipline, resilience, and commitment have powered these outcomes over the past three years. The work continues. #WorkersDay #EnergyReform #RenewedHope

It was a pleasure visiting @NASENIHQ and its Centre of Excellence, to see firsthand the work Mr. Khalil and his team are delivering for Nigerians, particularly the remarkable contributions of the young women on the design and innovation team. NASENI remains central to advancing our industrialisation agenda and has demonstrated clear capacity to deliver. I am encouraged by the progress and look forward to a strong and impactful collaboration.

I visited @AmalTech_NG and had the opportunity to see their work firsthand across hardware development, semiconductor processing, and smart technology solutions. They also shared insights into their approach to building local capacity within the technology ecosystem, and the important role indigenous technology plays in strengthening energy systems, improving infrastructure, and supporting sustainable development. Companies like these are critical to advancing our industrialisation agenda as a country, and I am truly proud of the work the team is doing.

Nigeria’s upstream sector has undergone and is undergoing a fundamental repositioning and transformation….

Yesterday, I paid a courtesy visit to the Honourable Minister of Finance and Coordinating Minister of the Economy @taiwoyedele at his office. Our discussions focused on the ongoing work by my office @EnergyReformsNG to deepen fiscal and sectoral alignment to unlock critical fiscal space and mobilise the capital required to achieve the President’s target of increasing production to 3 million barrels per day. We also examined practical pathways to redesign the electricity market to ensure functionality, strengthen investor confidence, and catalyse long term, sustainable investment.

At @IPPGNigeria Away Day today, we discussed how President Bola Ahmed Tinubu’s reforms have made Nigeria the most attractive upstream destination for capital in Africa delivering: US$10bn in secured FIDs, increased production to 1.6mbpd and the path to Achieve our target of 3.0mbpd by 2030, and deliver lasting value for Nigeria. @EnergyReformsNG

The Special Adviser to the President on Energy, Mrs @OluVerheijen received the Global leadership of @TotalEnergies led by Mr. Nicolas Terraz- President, Exploration & Production of Total Energies group, accompanied by Mr Matthieu Bouyer, Managing Director/Country Chair of @TotalEnergiesNG and some members of the Executive team. Discussions focused on unlocking the next wave of investment in Nigeria’s oil and gas sector across geographical terrain. These are critical levers for driving production growth, improving energy security, and positioning Nigeria as a competitive destination for long-term capital. The engagement reinforces a shared commitment to creating the right conditions for investment, enabling scale, and delivering sustained value for Nigerians

The Special Adviser to the President on Energy @OluVerheijen today received a delegation from @exxonmobil, led by Mr. Hunter Farris, Senior Vice President, Deepwater at ExxonMobil Upstream Company. The meeting underscored the critical role of sustained deepwater investments and strong strategic partnerships as Nigeria continues to advance energy sector reforms and drive long-term growth. Other members of the ExxonMobil delegation included: Terry Boiles – Vice President, Global Projects, Jagir Baxi – Chairman/MD @ExxonMobil_NG , Etabuko Abirhire – ED, Development, Femi Ogunbi – ED/CFO, and Bala Wudiri – General Manager, Public and Government Affairs