{"id":165282,"date":"2025-06-02T10:41:10","date_gmt":"2025-06-02T09:41:10","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/mid-term-report-group-tasks-tinubu"},"modified":"2025-06-02T11:47:17","modified_gmt":"2025-06-02T10:47:17","slug":"mid-term-report-group-tasks-tinubu","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu","title":{"rendered":"Mid Term Report: Group tasks Tinubu"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>A group, under the auspices of African Centre for Energy Governance and Accountability, ACEGA, has tasked President Bola Tinubu on the need for deeper investment in energy infrastructure, faster resolution of legacy disputes, and strategic planning for Nigeria\u2019s energy transition in the face of global decarbonisation targets.<\/p>\n

The suggestions is coming on the heels of the second year administration of President Bola Tinubu, which has elicited critical assessment of his governance since he became President.<\/p>\n

According to the group\u2019s Executive Director, Dr Usman Bello Idris, the Nigerian oil and gas sector is still faced with challenges in refining capacity, gas monetisation, and energy access for its people.<\/p>\n

He, however, noted that Tinubu\u2019s administration has shown political will, which has helped in reviving the sector.<\/p>\n

\u201cThe future of oil and gas in Nigeria can be cleaner, more transparent, and more rewarding for all stakeholders,\u201dIdris stated.<\/p>\n

He lauded Tinubu for strengthening support for the effective implementation of the Petroleum Industry Act (PIA) especially its deliberate push to increase crude oil production for the country.<\/p>\n

\u201cTinubu\u2019s approach to reform in the oil and gas sector has restored investor confidence, revived production targets, and positioned Nigeria as a more responsible and efficient oil-producing nation.<\/p>\n

\u201cFor years, Nigeria\u2019s oil and gas sector groaned under inefficiency, uncertainty, and dwindling output. But what we are seeing today under the current leadership is a bold reset \u2014 one that respects the sanctity of the Petroleum Industry Act while pushing for real, measurable growth,\u201d he said.<\/p>\n

ACEGA noted that Since mid-2023, the country has seen a gradual climb in output levels, reaching 1.7 million barrels per day in recent months \u2014 a marked improvement from the lows of 2022 when output plunged below 1.2 million barrels due to theft, vandalism, and poor infrastructure.<\/p>\n

Dr Idris noted that this uptick did not happen by chance but was the result of deliberate interventions supported by Tinubu, including the relaunch of dormant assets, improved metering systems, and coordinated security efforts around critical pipelines.<\/p>\n

\u201cNigeria\u2019s crude oil production had been on life support, but through strategic regulatory leadership and presidential backing, the situation is reversing. Fields are coming back online, theft is being checked, and operators are regaining the confidence to produce,\u201d he said.<\/p>\n

The group noted that Tinubu\u2019s government did not just inherit the legislation; it has gone further to empower the relevant agencies, notably the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, to deliver on its promises.<\/p>\n

\u201c Tinubu needs to be commended for not sidelining the PIA or paying lip service to its provisions. Instead, he has supported a robust implementation strategy that is already yielding results in licensing, fiscal discipline, community development, and investor clarity,\u201d Dr. Idris stated.<\/p>\n

The PIA, which took nearly two decades to become law, was designed to overhaul Nigeria\u2019s oil and gas governance by introducing a transparent fiscal framework, separating regulatory responsibilities, and ensuring that host communities benefit from oil proceeds.<\/p>\n

\u201cFrom the Host Communities Development Trust to new fiscal incentives for marginal fields, and clearer guidelines for environmental compliance, the PIA under this administration is not just a document \u2014 it is a living, working tool of reform,\u201d Idris added.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. A group, under the auspices of African Centre for Energy Governance and Accountability, ACEGA, has tasked President Bola Tinubu on the need for deeper investment in energy infrastructure, faster resolution of legacy disputes, and strategic planning for Nigeria\u2019s energy transition in the face of global decarbonisation targets. The suggestions is coming on […]<\/p>\n","protected":false},"author":84,"featured_media":165281,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,2660],"tags":[17599,254,945],"class_list":["post-165282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-mid-term-report","tag-nigeria","tag-tinubu"],"yoast_head":"\nMid Term Report: Group tasks Tinubu - Nigeria<\/title>\n<meta name=\"description\" content=\"A group, under the auspices of African Centre for Energy Governance and Accountability, ACEGA, has tasked President Bola ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mid Term Report: Group tasks Tinubu\" \/>\n<meta property=\"og:description\" content=\"A group, under the auspices of African Centre for Energy Governance and Accountability, ACEGA, has tasked President Bola ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-02T09:41:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-02T10:47:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1748848692.643291.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mid Term Report: Group tasks Tinubu\",\"datePublished\":\"2025-06-02T09:41:10+00:00\",\"dateModified\":\"2025-06-02T10:47:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu\"},\"wordCount\":545,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1748848692.643291.jpg\",\"keywords\":[\"Mid Term Report\",\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/mid-term-report-group-tasks-tinubu\",\"name\":\"Mid Term Report: Group tasks Tinubu - 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