Heineken Lokpobiri, Minister of Petroleum Resources (oil) has announced that the recent asset divestments by International Oil Companies have unlocked over $5.5 billion in Final Investment Decisions (FIDs) within months.
Lokpobiri, stated this while delivering a keynote address on behalf of President Bola Ahmed Tinubu at the Africa Energy Week in Cape Town, South Africa.
According to Lokpobiri, the Nigerian government has implemented policy measures, particularly the Petroleum Industry Act (PIA), which provides a clear and predictable fis
