At Nigeria’s Energy Summit, Tinubu Renews 3 Million bpd Oil Production Target by 2030 Lokpobiri, Ekpo cite rising output, renewed investor confidence, gas expansion
Emmanuel Addeh, Peter Uzoho and Blessing Ibunge in Abuja
Nigeria has reaffirmed its ambition to raise crude oil production to 3 million barrels per day in the next
five years, as the federal government intensifies reforms aimed at restoring investor confidence and repositioning
IPPG decries bureaucracy, multiple charges in oil industry
the energy sector as a pillar of national growth. President Bola Tinubu stated
this yesterday in Abuja at the 9th Nigeria International Energy Summit (NIES) themed: “ Energy for Peace
and Prosperity: Securing Our Shared Continued on page 8
Court Nullifies FG’s Revocation of Dawes Island Marginal Field Licence, Orders Reinstatement... Page 5 Wednesday 4 February, 2026 Vol 31. No 11259. Price: N400
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Insecurity: US Dispatches Military Forces to Nigeria Amid Renewed Collaboration Emmanuel Addeh in Abuja
L-R: Regional Vice President, Africa, IFC, Mr. Ethiopis Tafara; Managing Director, Operations, World Bank, Ms. Anna Bjerde; President Bola Ahmed Tinubu; Vice President, Mr. Kashim Shettima PHOTO: GODWIN OMOIGUI and Coordinating Minister of the Economy, Mr Wale Edun, during the courtesy visit of World Bank delegates to the Presidential Villa, Abuja, yesterday
The U.S. has sent a small team of troops to Nigeria, Gen. Dagvin Anderson, in charge of the U.S. command for Africa said yesterday, the first acknowledgment of Continued on page 8
World Bank: Nigeria Now Global Reference for Steady, Credible Reforms Story on page 8
Tinubu: FG won’t jettison economic reforms Edun says reform’s momentum puts Nigeria’s 7% GDP target within reach
RALLYING INVESTORS ON OIL AND GAS INDUSTRY...
From Centre: Representative of President Bola Tinubu, Vice President Kashim Shettima, flanked by the President of The Gambia, HE Adama Barrow; representative of President of Equatorial Guinea, HE Teodoro Mbasogo, Mr. Domingo Mba Esono; Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri; Minister of State (Gas), Hon. Ekperikpe Ekpo; Ministers from APPO-member countries; Heads of International Energy Organisations and NIES 2026 Platinum Sponsors, at the opening ceremony of the 9th edition of Nigeria International Energy Summit (NIES2026) in Abuja... yesterday