RMAFC Launches Committee for China Oil and Gas Summit

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has inaugurated a Planning Committee for an Oil and Gas Investment Summit scheduled for end-November 2026 in Beijing, China. The committee includes the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Nigerian Investment Promotion Commission (NIPC), among others.

Chaired by Hon. Ekene Enefe, the committee's first meeting was held at RMAFC's Abuja headquarters, where RMAFC Chairman Dr. Mohammed Bello Shehu emphasized the importance of strategic planning and collaboration. The committee is tasked with developing a framework for the summit, identifying investment opportunities in the oil and gas value chain, and facilitating engagements with Chinese investors.

The summit will feature business meetings, investment matchmaking, and policy dialogues aimed at fostering long-term partnerships and enhancing Nigeria-China cooperation in the oil and gas sector. RMAFC positions the summit as a means to attract foreign capital and expertise to Nigeria's oil and gas industry.