RMAFC to Host Oil and Gas Investment Summit in China

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has initiated consultations with key government agencies to prepare for an oil and gas investment summit in China, tentatively scheduled for the end of November 2026. This summit aims to attract fresh capital into Nigeria's energy sector, focusing on investment opportunities in both the upstream and downstream segments, particularly in the gas sector.

The announcement was made by Maryam Umar-Yusuf, Head of Information and Public Relations Unit at RMAFC, following an engagement led by Dr Ekene Enefe, Chairman of RMAFC’s Investment Monitoring Committee and Federal Commissioner representing Anambra State. Enefe stated that the initiative is part of RMAFC's efforts to increase investment in the petroleum industry and enhance revenues for distribution among the three tiers of government.

He emphasized the importance of attracting investors to unlock value from Nigeria's natural resources and mentioned ongoing discussions with trade and investment promotion institutions, including the Federal Ministry of Industry, Trade and Investment.