Deep offshore incentive may add 1m barrels crude daily – NUPRC

President Tinubu’s new deep offshore incentives could unlock $50bn investments and add nearly 1 million barrels of crude oil daily to Nigeria’s production.

The Briefing Africa

August 19, 2026 · 23:15 · 5 min read

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President Tinubu’s new deep offshore incentives could unlock $50bn investments and add nearly 1 million barrels of crude oil daily to Nigeria’s production.

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Deep offshore incentive may add 1m barrels crude daily – NUPRC