Firm to unveil survey on Nigeria’s oil, gas reforms April 17
A research and advocacy organisation, Good Governance Africa, is set to host a high-level dialogue on Nigeria’s oil and gas sector reforms, as part of its ongoing efforts to promote good governance and sustainable development across Africa’s largest economy.
The event, scheduled for April 17 in Lagos, will feature the public presentation of survey findings titled “Investor Perceptions of Nigeria’s Regulatory and Policy Reforms in the Oil and Gas Sector.”
According to a statement made available to PUNCH Online on Sunday by GGA-Nigeria’s Executive Director, Dr. Ola Bello, the survey seeks to gauge investor sentiment around key reforms — including the implementation of the Petroleum Industry Act and recent Presidential Executive Orders on fiscal incentives, local content, and streamlined regulatory approvals.
While acknowledging strides made under President Bola Tinubu’s energy reform agenda, the study explores how operators, investors, and professionals in finance, legal, regulatory, and consulting sectors view the credibility and impact of these changes.
He said, “At GGA, our vision is to help Africa to be more economically successful and empower citizens. We aim to facilitate a dialogue between oil and gas sector players and prospective investors so that some of the blockages preventing investments from coming into Nigeria can be identified, and help the country to do better in its oil and gas sector performance and revenue generation.
“The second aspect is to facilitate transparency in governance processes and this falls squarely within our remit of promoting good governance beyond the mainstream public sector but also bolstering corporate governance, particularly at a time when global cooperation is breaking down and the shape of the global economy we’ve known for the last 30 years is being challenged.”
Bello added that Nigeria and its African peers need to improve on economic diplomacy, and this outreach among regulators, private sector players, and prospective investors in the oil and gas sector, both local and international, will open up new channels of opportunities.
The discussion will see fresh reflection and insights from experts, including Dr Ola Bello of GGA; Dr Ogho Okiti of the Africa Business Convention; Dr Abimbola Agboluaje of WNT Capitas Advisory Services; Toyin Akinosho of Africa Oil and Gas Report; and Dr Ayodele Oni of Bloomfield LP.
The experts will deliberate on the key issues identified in the survey as affecting Nigeria’s oil and gas sector, highlight openings for deeper reform implementation with a focus on harvesting the low-hanging fruits from coherent policy sequencing, and further map pathways to the medium-term transformation of the country’s hydrocarbon sector.
