Tinubu Reassures Global Oil Investors of Easy Repatriation of Their Investments Lokpobiri reiterates Nigeria expecting over $20bn FID in coming months Kyari says NNPC leading charge on gas infrastructure expansion
Emmanuel Addeh and Peter Uzoho in Abuja
President Bola Tinubu yesterday gave fresh assurance to global oil and gas investors of the federal government's
resolve to provide an enabling environment for them to invest in the sector and easily repatriate their
investments when necessary. The president vowed to address all bottlenecks standing against
investments and operations in the nation's oil and gas industry, promising investors of providing them with
attractive fiscal frameworks and Continued on page 9
Atala Oilfield: Court Reaffirms Halkin E&P as Legal Owner, Operator of OML 46... Page 9 Wednesday 26 February, 2025 Vol 30. No 10916. Price: N400
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Presidency to El-Rufai: It's Time to Move On Deji Elumoye in Abuja
L-R: Head of Investment Banking, First Abu Dhabi Bank, Martin Tricaud; Chief Executive Officer, First Abu Dhabi Bank, Hana Al-rostamani; President Bola Ahmed Tinubu; and Minister of Finance and Coordinating Minister of the Economy of Nigeria, Wale Edun, at the Abu Dhabi Sustainability Week in Abu Dhabi...recently
The presidency, yesterday, advised former governor of Kaduna State, Mallam Nasir El-Rufai, not to pull down the roof over Nigeria because he was not appointed minister by President Bola Tinubu. The advice followed recent outbursts of anger against the Tinubu government fron El-Rufai. Special Adviser to the President on Information and Strategy, Bayo Continued on page 9
NBS: Aided By Non-oil Sector, GDP Grew By 3.40% in 2024, 3.84% in Q4 Non-oil sector contributed 94.49%, oil 5.51% Oil production increases to 1.54 mbpd Edun hails feat, says it's testament to Nigerian economy’s resilience, success of Tinubu’s Renewed Hope Agenda Senate: Nigeria will attain $1tn economy through tax reform bills Akume: FG committed to bold fiscal reforms to plug leakages, reposition economy James Emejo, Sunday Aborisade in Abuja and Dike Onwuamaeze in Lagos
Nigeria’s annual Gross Domestic Product (GDP) growth stood at 3.40 per cent in 2024, from 2.74 per cent in 2023, the National Bureau of Statistics (NBS) disclosed yesterday. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, welcomed the latest GDP figures, which showed that Nigeria’s economy grew at its fastest pace in three years. Edun said it was a testament to the resilience of the Nigerian economy and the success of President Bola Tinubu’s Renewed Hope Agenda. Equally, yesterday, the Senate said the proposed tax reform bills Continued on page 9
TRANSCORP POWER PLC ANNUAL GENERAL MEETING...
L-R: Dr. Owen D. Omogiafo, OON, Non-Executive Director Transcorp Power Plc; Peter Ikenga, Managing Director/CEO Transcorp Power Plc; and Emmanuel Nnorom, Chairman Transcorp Power Plc, at the company’s 12th Annual General Meeting held at Transcorp Hilton, Abuja ... yesterday