Verheijen: Tinubu Secured $60bn Energy Sector Investments, Commitments in Three Years
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•Says FAAC revenue rose by 107% to hit N22.6tn
•Reports tenfold FID surge, fall in FX premium from 69% to 2.6%
Emmanuel Addeh in Abuja
The federal government yesterday stated that Nigeria attracted about $60 billion in energy sector investments and pipeline commitments within the first three years of President Bola Tinubu’s administration, alongside a tenfold increase in its share of upstream Final Investment Decisions (FIDs).
In a 2023–2026 energy sector review released by the presi
•Reports tenfold FID surge, fall in FX premium from 69% to 2.6%
Emmanuel Addeh in Abuja
The federal government yesterday stated that Nigeria attracted about $60 billion in energy sector investments and pipeline commitments within the first three years of President Bola Tinubu’s administration, alongside a tenfold increase in its share of upstream Final Investment Decisions (FIDs).
In a 2023–2026 energy sector review released by the presi
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