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Headline : Nigeria Ranks Top 3 in Deepwater Oil Projects - Presidency

Read more from the original article on here at allafrica.com.





Tags : #nigeria #ranks #top #3 #deepwater #oil #projects #presidency



No. of Paragraph 37

The Presidency has said that the Nigeria's deepwater oil projects now deliver competitive returns and the country has moved from bottom quartile of 13 indexed countries to top three.

Mrs Olu Verheijen, the Special Adviser to President Bola Tinubu on Energy, disclosed this in a keynote address at an Executive Session of the Energy Institute and the National Association of Petroleum Explorationists (NAPE).

In a copy of the address made available to newsmen in Abuja on Friday, Verheijen noted that, in deepwater gas, Nigeria has moved from a total absence of a fiscal framework, to having one for the first time in history.

She said the feats were attained by major oil and gas sector reforms by the President BolaTinubu's administration aimed at improving fiscal attractiveness and ease of doing business.

Read more from the original article on here at allafrica.com.


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