Nigeria's Oil and Gas Symposium Highlights Tax Reforms for Sector Growth

The Nigerian Institute of Petroleum Engineering organized a symposium in Abuja where industry stakeholders discussed the significance of tax reforms, particularly under the Nigeria Tax Act 2025, in unlocking value in the country's oil and gas sector. Dr. Yetunde Aladeitan highlighted the need for a shift towards innovation-led growth to reduce reliance on crude oil exports.

Ali Rabiu emphasized the urgency to move away from crude oil dependence and pursue a diversified energy ecosystem. The event featured discussions on tax reform's impact on efficiency, investment attraction, and global competitiveness.

Panel sessions delved into strategies for optimizing the gas value chain and driving sustainable energy development through engineering innovation. The symposium underscored the importance of translating policy reforms into practical outcomes for Nigeria's energy sector.