Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom

The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. Nigeria, however, needs upskilled and additional numbers of skilled workers and employees, including in the digital industries, to take advantage of the new offshore opportunities, the regulator’s chief executive, Oritsemeyiwa Eyesan, said at a human resources conference this week. Nigeria, which aims to boost…