Salahuddeen Tahir, is the Chairman, Society of Petroleum Engineers , Nigerian Council, and Head of Assets & Investments Management at NNPC Gas & Power Investment Services , where he oversees strategic investments in power, LNG, and gas-based industry initiatives.
What are the main challenges faced by Nigeria’s petroleum industry in optimizing midstream and downstream segments? How do regulatory frameworks impact the development and optimization of midstream and downstream segments? In what ways has the Presidential Executive Order on Oil and Gas Fiscal Terms influenced the operational landscape of Nigeria’s energy industry?
The recent government announcements on new oil bids and licensing rounds could significantly impact Nigeria’s position in the global energy market. As one of Africa’s largest oil producers, Nigeria aims to attract competent oil producers to explore and extract hydrocarbons, potentially increasing its reserve base and production. This could lead to higher revenue and strengthen Nigeria’s role as a key energy supplier, meeting global energy demands.
How can diversifying Nigeria’s energy portfolio to include renewable sources help meet the growing energy demand? The Federal Capital Territory Commandant of the Nigeria Security and Civil Defence Corps , Olusola Odumosu, has cautioned intending protesters and the general public against attacks on critical national assets and infrastructure, saying this contravenes the law.