Nigeria: Oil, Gas & Electricity

The Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the "Order") establishes a production-linked tax remission framework for qualifying deep offshore oil and gas developments in Nigeria.

Advocaat Law Practice presents its comprehensive monthly roundup of significant developments, regulatory changes, and emerging trends shaping Nigeria's energy and infrastructure landscape. This curated update examines key policy shifts, project announcements, and legal frameworks affecting stakeholders across the power, oil and gas, and infrastructure sectors.

Environmental justice in Nigeria's Niger Delta raises critical questions about whether courts can effectively protect communities from oil pollution. Through landmark cases like Bodo and Centre for Oil Pollution Watch, Nigerian courts have begun to recognize environmental harm claims, but the path to meaningful remedies remains complex. The effectiveness of judicial protection depends on legal frameworks, access to justice, and the ability to deliver timely, comprehensive remedies that go beyond compensatio

The second quarter of 2026 witnessed significant geopolitical tensions in the Middle East that disrupted global oil supply routes and triggered volatility in international crude prices. These developments had direct impacts on Nigeria's downstream petroleum market, with Dangote Petroleum Refinery making multiple price adjustments throughout the period as Brent prices fluctuated.

Nigeria's power sector sees significant regulatory developments as NERC issues new guidelines for technical audits of transmission infrastructure, publishes a directory of State Electricity Regulatory Commissions to support the transition to state-level regulation, and the Minister of Power establishes an inter-agency committee to facilitate electricity market decentralisation under the Electricity Act 2023.

Nigeria's Federal Government has announced plans to raise ₦729 billion through a Series II bond under the Presidential Power Sector Debt Reduction Programme, building on the successful ₦501 billion Series I issuance earlier in 2026. While these capital market interventions aim to resolve verified legacy liabilities and restore liquidity across the Nigerian Electricity Supply Industry, the underlying question remains whether debt resolution alone can break the cycle of accumulating obligations wi

Nigeria is going solar at speed. The country imported solar panels worth N242.68 billion in the first half of 2025 alone and added some 803 megawatts of new capacity over the year

This update highlights recent regulatory and market developments in Nigeria's power sector, including Lagos State's ongoing transition towards a cost-reflective electricity market and the key implications for electricity sector participants.

Nigeria's oil and gas sector faces significant regulatory updates with the introduction of the Decommissioning and Abandonment Regulations 2026. What are the key changes that operators and stakeholders need to understand to ensure compliance with these new requirements? This analysis examines the notable regulatory shifts that will impact decommissioning obligations and abandonment procedures in the Nigerian energy industry.