Nigeria’s Tinubu nominates new oil regulators after chiefs resign amid Dangote dispute

[ad_1] Nigerian President Bola Tinubu has asked the Senate to confirm two new heads for Nigeria’s oil and gas regulators after their predecessors abruptly quit, amid a high-stakes clash between one agency and Africa’s richest man, Aliko Dangote. Tinubu’s nominations follow the exit of Gbenga Komolafe, chief executive of the Nigerian Upstream Petroleum Regulatory Commission,…

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

[ad_1] Nigeria’s oil and gas content regulator on Tuesday announced a $100 million equity investment scheme to boost indigenous participation in the energy sector and said it would tighten compliance rules from next year. Felix Ogbe, executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), told the Practical Nigerian Content Forum that the…

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