Nigeria's Oil Reforms Attract $24 Billion Investment Towards Production Target

Recent reforms in Nigeria's oil sector are boosting production and have unlocked over $24 billion in investments, as the NNPC aims for a target of 3 million barrels per day using AI and digital technology.

10 Apr, 00:00 — 10 Apr, 00:00

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punch-ngMostly Factual20d ago

Upstream oil sector rebounds with $10bn new investments

Nigeria’s upstream oil and gas sector is witnessing a resurgence in investor confidence, with over $10bn in new investments unlocked through recent regulatory reforms, the Nigerian Upstream Petroleum Regulatory Commission has said. The Commission Chief Executive of the NUPRC, Oritsemeyiwa Eyesan, disclosed this on Thursday at the 2026 Oloibiri Lecture and Energy Forum in Abuja, Read More: https://punchng.com/upstream-oil-sector-rebounds-with-10bn-new-investments/

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Nigeria's Oil Reforms Attract $24 Billion Investment Towards Production Target

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Upstream oil sector rebounds with $10bn new investments

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