By President Bola Tinubu’s administration for implementing bold reforms in the oil and gas sector. The group highlighted the positive impact of these changes on investment and economic growth.
In a statement released by its Secretary-General, Dr. Opialu F. Opialu, the group praised Tinubu’s efforts to revamp the sector, tackle declining investments, and improve infrastructure. He emphasized that these reforms were positioning Nigeria as Africa’s top investment destination.
Opialu noted that investor confidence in Nigeria’s oil industry has surged, with increasing activity and renewed interest from both local and international stakeholders. According to him, the benefits of these reforms are already becoming evident.
The group also commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Communications Commission (NCC) for their role in ensuring transparency and regulatory efficiency in the sector. They acknowledged their efforts in fostering a stable and predictable investment environment.
“This administration is making significant strides in addressing long-standing issues in the oil and gas sector,” Opialu stated. “With sustained commitment, these reforms will transform the industry and create lasting economic benefits.”
The Renewed Hope Ambassadors urged the government to remain consistent in its policy direction, ensuring that Nigeria remains an attractive hub for energy investments.
