IN ARISE TELEVISION INTERVIEW, SPECIAL ADVISER VERHEIJEN SETS OUT PRESIDENT TINUBU’S ENERGY REFORM AGENDA FOR OIL, GAS AND POWER
Following a combination of policy, fiscal and legislative reforms that have transformed Nigeria into an attractive global destination for energy capital, the country is already reaping unprecedented investment benefits.
In a comprehensive interview with Arise Television's Rolake Akinkugbe-Filani, Olu Arowolo Verheijen, Special Adviser on Energy to President Bola Ahmed Tinubu, shared key insights into these bold and ambitious reforms reshaping Nigeria after years of underperformance caused by regulatory uncertainty, and infrastructure and security challenges.
The hour-long exclusive interview, broadcast internationally on AriseTV's Newsday and Global Business Report, highlighted several pivotal developments, including:
• The government of Nigeria’s energy reform vision, embodied by a series of presidential directives and associated fiscal incentives issued in 2024 • How Nigeria moved into the top quartile of competing countries, ranked by deepwater investment attractiveness, in 2024 • Nigeria’s ambitious oil and gas production targets, and the strategies for achieving these • How Nigeria scored its first deepwater oil and gas FIDs in over a decade • The remarkable progress against insecurity in the Niger delta • How a combination of policy and legislative reforms, fiscal sustainability interventions, and infrastructure deployment efforts will help achieve universal access to clean, reliable and affordable electricity for all Nigerians • President Tinubu’s determination to deploy Nigeria’s abundant energy resources to drive productivity, grow incomes, deliver jobs and prosperity, and move millions of hardworking Nigerians into the middle class.
Watch the full interview here.
Or read a transcript of the interview, here.