Nigeria: Oil, Gas & Electricity

Nigeria's Oil & Gas Tax Revolution examines the transformative fiscal changes introduced by the Nigeria Tax Act, 2025, and their impact on the existing Petroleum Industry Act framework. The analysis explores how these new tax provisions reshape the regulatory landscape for oil and gas operations in Nigeria, affecting both domestic and international stakeholders in the energy sector.

Decarbonisation is no longer a distant climate ambition. It is now shaping legal frameworks, regulatory expectations, and investment decisions across energy-producing jurisdictions.

The Nigeria Tax Act, 2025 (“NTA”) introduces a recalibrated incentive framework aimed at attracting investment and driving growth across Nigeria’s petroleum sector.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), pursuant to Section 167, the Third and Fourth Schedule of the Petroleum Industry Act...

On 13 February 2026, His Excellency, Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria, pursuant to sections 3(1), (4), and (5) of the Petroleum Industry Act 2021 (the "PIA") and section 5 of the Constitution of the Federal Republic of Nigeria 1999, issued the Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity 2026 (the "Order").

Grid electricity supply remained constrained throughout 2025. Despite installed generation capacity in excess of 13,000 MW, according to NERC data, average daily generation remained under 5000 MWh/h in 2025. This significant gap between installed capacity and delivered power continued to be driven by gas supply constraints and transmission bottlenecks.

On 19 February 2026, the Ghanaian Parliament ratified petroleum agreement extensions for the West Cape Three Points Petroleum Agreement covering...

On Wednesday, 18th February 2026, President Bola Ahmed Tinubu issued Executive Order No. 9 dated 13th February 2026.

Welcome to the AELEX Power Sector Reform Implementation Series – Part 1, where we explore how Nigeria's power sector reforms are being implemented in practice.