President Tinubu approves landmark deep offshore investment framework to unlock up to $50 billion in new investment

President Bola Tinubu has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to US$50 billion in deep offshore investment and restart Nigeria’s large, capital-intensive offshore developments that have remained stalled for decades. A statement by Mr Tinubu’s spokesman, Bayo Onanuga, said the reform establishes a transparent, […]

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