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Tinubu’s offshore tax order to unlock $50bn, add 1mbpd – NUPRC

The Punch Aug 19, 2026 · 21:37 WAT
NUPRC says President Tinubu’s new offshore tax order could unlock up to $50 billion in investments and increase Nigeria’s oil production by 1 million barrels per day. The proposed expansion of offshore activity may influence the operating environment for companies in Nigeria’s listed oil and gas sector.
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