Nigeria’s oil content board unveils $100 million equity fund to support local producers

December 3, 2025

Nigeria cracks down on ‘souvenir’ oil licensing

Nigeria’s oil and gas content regulator on Tuesday announced a $100 million equity investment scheme aimed at boosting indigenous participation in the energy sector. The board also said it would tighten compliance rules starting next year. Felix Ogbe, Executive Secretary of the Nigerian Content

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```