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FG moves to streamline 270 oil industry taxes, levies

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FG moves to streamline 270 oil industry taxes, levies

08 Jul, 2026

The Federal Government has commenced efforts to streamline the over 270 taxes, levies, and statutory charges imposed on operators in Nigeria’s oil and gas industry by commissioning global consulting firm PwC to undertake an international benchmarking of the country’s fiscal regime. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this on Tuesday while responding to concerns raised by indigenous oil producers during the opening ceremony of the 2026 NOG Energy Week in Abuja.................….......READ MORE