Nigeria: Energy and Natural Resources

Nigeria's power sector advances through regulatory reforms and financial restructuring. NERC's revised order directs distribution companies to allocate earned revenues toward capital expenditure, while the Federal Government completes a ₦728.9 billion bond issuance to settle legacy debts. Edo State operationalizes its electricity market under state-level regulation, and Nigeria launches a $300 million fund to scale distributed renewable energy investments.

The Nigerian government has introduced a comprehensive tax incentive framework through the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, establishing three distinct production tax credit mechanisms designed to stimulate investment in deep offshore petroleum developments.

Nigeria now refines more petrol at home than at any point in its history, and the NMDPRA is still issuing import licences. On 28 September 2026, the Federal High Court in Abuja went further, ordering the regulator to keep granting petrol import licences to three major marketers. For refinery investors, that raises a pointed question: does the Petroleum Industry Act (PIA) protect local refineries from imported fuel at all? The answer sits in Section 317.

Nigeria's solid minerals sector faces a critical challenge as enforcement efforts against illegal mining collide with the socio-economic reality of artisanal miners. Following the tragic deaths of 37 detainees in custody during an anti-illegal mining operation, questions emerge about whether the country's legal framework adequately accommodates the needs of local artisanal miners while protecting public revenue and human rights.

Nigeria's investment landscape requires navigating multiple sector-specific regulators beyond initial company incorporation. Which regulatory bodies must foreign and local investors engage across agriculture, energy...

Ghana and Nigeria are reshaping their natural resources sectors through new regulatory frameworks and fiscal terms. Ghana introduces methane monitoring standards and proposes mineral tenure reforms...

A leading Nigerian environmental justice advocate calls on presidential candidates to prioritize the Niger Delta's environmental recovery, proposing the establishment of a statutory authority to implement decades of unfulfilled recommendations. The tragic death of Joy Amos from gas seepage in Bille Kingdom underscores the urgent need for coordinated action on pollution, remediation, and accountability in Nigeria's oil-producing region.

Nigeria's power sector advances through regulatory reforms and financial restructuring. NERC's revised order directs distribution companies to allocate earned revenues toward capital expenditure, while the Federal Government completes a ₦728.9 billion bond issuance to settle legacy debts. Edo State operationalizes its electricity market under state-level regulation, and Nigeria launches a $300 million fund to scale distributed renewable energy investments.

The Nigerian government has introduced a comprehensive tax incentive framework through the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, establishing three distinct production tax credit mechanisms designed to stimulate investment in deep offshore petroleum developments.

Nigeria's power sector advances through regulatory reforms and financial restructuring. NERC's revised order directs distribution companies to allocate earned revenues toward capital expenditure, while the Federal Government completes a ₦728.9 billion bond issuance to settle legacy debts. Edo State operationalizes its electricity market under state-level regulation, and Nigeria launches a $300 million fund to scale distributed renewable energy investments.

Blended finance, is a smart investment method that combines money from the government or charities with private business capital. Its main goal is to push private investment into "frontier" or emerging markets and places that businesses usually avoid because they seem too risky or do not offer high enough returns.

Nigeria's 2026 Net Billing Regulations represent a transformative shift in the country's energy landscape, enabling businesses to transition from passive electricity consumers to active prosumers who can generate, consume, and sell solar power back to the grid. This regulatory framework introduces new opportunities and considerations for commercial entities looking to invest in renewable energy infrastructure. Understanding the legal and operational implications of these regulations is crucial for businesse