Nigeria tops Africa for energy investments under Tinubu — Report

This report, as presented by The Punch, positions Nigeria as a leading force in African energy investment, directly crediting President Bola Tinubu's administration for a significant turnaround. The narrative emphasizes the success of sweeping reforms in attracting capital, reversing a previous trend of decline caused by policy instability.

“

In the last two years, Nigeria has become no. 1 destination for capital in Africa underpinned by President Bola Ahmed Tinubu’s energy reforms. At a time when global upstream investment was tightening, Nigeria reversed years of decline; emerging once again as a leading destination for energy capital in Africa.

The article highlights a dramatic increase in Nigeria's share of upstream Final Investment Decisions in Africa, jumping from 4% to approximately 40% between 2024 and 2025. This achievement is framed as a testament to the effectiveness of the government's 'energy reforms,' which have reportedly unlocked over $10 billion in investments, particularly in crucial deep offshore and integrated gas sectors.

“

The result has been a renewed pipeline of over $10bn in Final Investment Decisions, particularly in deep offshore and integrated gas, restoring Nigeria’s attractiveness to international oil companies in capital-intensive, long-cycle projects.

The perspective is strongly pro-government, showcasing the administration's policies as a catalyst for renewed investor confidence. The report, endorsed by the Presidency, details interventions like improved fiscal terms, regulatory clarity, and accelerated project approvals. It paints a picture of Nigeria successfully repositioning itself as an attractive destination for energy capital, driven by market-oriented, fiscally responsible, and disciplined execution of its energy strategy.

“

From the outset, the President established a clear direction: to restore credibility, unlock investment, and reposition energy as a driver of growth, jobs, and prosperity. The reforms captured in this report reflect that governing philosophy, market-oriented, fiscally responsible, and anchored in disciplined execution.