NIGERIA CALLS GLOBAL INVESTORS TO REFORMED OIL SECTOR AT UNGA 2025
Nigeria is opening its oil sector wider to the world. At the United Nations General Assembly in New York, Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, urged global investors to seize new opportunities created by recent reforms.
He stressed that under President Bola Tinubu, Nigeria has boosted output, improved fiscal policies, and built a more investor-friendly climate through the Petroleum Industry Act (PIA). These changes, he said, position Nigeria as a reliable energy hub for West Africa and beyond.
Lokpobiri reaffirmed Nigeria’s commitment to energy transition, noting that fossil resources will support clean energy goals while aligning with global climate agreements. He described the moment as a turning point for deeper, smarter partnerships in the oil sector.
“Our doors are open, our laws are clear, and the environment is right for investment,” he said, inviting U.S. and global investors to join Nigeria’s energy growth story.