The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act 2021 and Executive Orders issued by President Bola Tinubu, attracted about $17bn in foreign investment in 2024. The Executive Vice President of Upstream, Udy Ntia, disclosed this during an investor
Ongoing oil sector reforms attracted $17bn investment in 2024 – NNPCL
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