Nigeria: Energy Law

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 transmission network remains the backbone of the Nigerian Electricity Supply Industry (“NESI”), serving as the critical link between the generation and distribution segments of the value chain.

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

British American Tobacco faces significant penalties from Nigeria's Federal Competition and Consumer Protection Commission for alleged violations of consumer protection regulations. The case raises important questions about corporate compliance with local consumer laws and the enforcement powers of regulatory bodies in protecting market competition.

Nigeria's upstream oil and gas sector is poised for substantial growth with 22 major offshore projects anticipated between 2026 and 2030, potentially attracting US$30-50 billion in investment. The Nigerian Upstream Petroleum Regulatory Commission projects these developments will boost production, create employment, expand infrastructure, and strengthen energy security, supported by new fiscal frameworks and licensing rounds.

The Nigerian Electricity Regulatory Commission's Net Billing Regulations 2026 represent a transformative development in Nigeria's distributed renewable energy sector, enabling eligible customers to export...

Since 28 February 2026 when U.S. and Israeli strikes on Iran triggered the closure of the Strait of Hormuz, African economies have absorbed a multi-dimensional economic shock from the disruption of energy supply, food systems, export corridors and financial conditions.

Over the years, exploration and production (“E&P”) companies have relied on a range of traditional financing mechanisms to fund acquisitions and develop projects. Among these mechanisms, Reserve-Based Lending (“RBL”) has emerged as a distinctive and increasingly utilised financing option within the oil and gas industry.