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NMDPRA urges industry to prioritise execution over policy debates
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BizWatchNigeria.Ng
Key pointsNMDPRA says Nigeria’s oil and gas sector must shift focus from policy discussions to executing bankable projects.
The issuesNigeria’s oil and gas sector is implementing reforms under the Petroleum Industry Act to attract investment, expand local participation and improve regulatory efficiency.
“The success of this discussion should be measured by the quality of practical recommendations that can be implemented to grow Nigeria’s energy industry.”
What’s nextThe NMDPRA will continue implementing the Petroleum Industry Act, supporting gas infrastructure investments and working with industry stakeholders to accelerate projects that strengthen production, local content and energy security.
Bottom lineNMDPRA says Nigeria’s energy sector has moved beyond identifying solutions, with the next phase requiring consistent execution, investor-friendly regulation and stronger collaboration to unlock sustainable industry growth.