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NNPC: Tinubu’s Deep Offshore Incentive to Accelerate Investment, Oil Output
THISDAY
Aug 14, 2026 · 04:54 WAT
NNPC said the deep offshore incentive introduced by President Tinubu is expected to accelerate investment and oil production, supporting Nigeria’s target of reaching three million barrels per day. Projects including Bonga Southwest, Zabazaba and Owowo are identified as potential beneficiaries, with reforms reportedly generating more than $34 billion in commitments.