The African Energy Chamber (AEC) has highlighted Nigeria’s ongoing oil and gas sector reforms as a model for other African countries, describing them as a powerful case study for policy-driven investment growth.

According to AEC Executive Chairman NJ Ayuk, Nigeria’s reforms under President Bola Tinubu demonstrate how cutting red tape, streamlining processes, and ensuring fiscal certainty can translate into investor confidence and multi-billion-dollar project commitments.

This comes as President Tinubu is scheduled to address delegates at Africa’s leading energy event, AEW 2025: Invest in African Energies, in Cape Town. His participation underscores Nigeria’s ambitious reform agenda, which is transforming the nation’s investment climate and unlocking opportunities across the oil, gas, and energy value chain.

“What’s happening in Nigeria today is a case study for other African producers. By reducing bureaucracy and creating clear frameworks, countries can attract significant capital while delivering real value to their citizens,” Ayuk stated. “We are honored to welcome President Tinubu to AEW 2025 to share this important success story.”

Since taking office, President Tinubu has championed comprehensive reforms to reposition Nigeria as a top destination for energy investment. In May 2025, he signed an Executive Order on Oil & Gas Reforms, introducing streamlined contracting processes, tax incentives, and removing regulatory bottlenecks—all aimed at reducing upstream project costs by up to 40%.

These measures have already sparked renewed investor interest, with over $8 billion in deepwater oil and gas projects secured in the past year. ExxonMobil committed $1.5 billion to new developments, Shell expanded its stake in the prolific Bonga field, and Chevron advanced operations at the Agbami field. Petrobras has also expressed interest in re-entering Nigeria’s deepwater exploration market.

Nigeria is also driving local content development and industrialization, including the “Naira for Crude” initiative to promote domestic refining and reduce dependence on foreign currency. Additionally, the operational ramp-up of the 650,000-bpd Dangote Refinery—the largest in Africa—is set to revolutionize Nigeria’s fuel supply chain and reduce the $17 billion annual import bill on gasoline.

These reforms, combined with new petrochemical, storage, and pipeline infrastructure investments, are positioning Nigeria as a key player in global energy supply diversification. AEW remains the leading platform for African energy deals, with strong participation from global investors and technology providers.

Egypt Oil & Gas Group (EOG) and the Egyptian Gas & Energy Association (EGEA) have been confirmed as proud media partners for the event.