The Nigerian Institution of Petroleum Engineers (NIPetE) has successfully concluded its landmark 2026 Oil and Gas Symposium, convening national stakeholders under the urgent theme, "Beyond the Barrel: Tax Reforms, Value Chain Optimization, and the Future of Nigerian Energy." The high-level virtual event fostered critical discussions on repositioning Nigeria’s energy sector for sustainability and value creation.
In his opening address, NSE President Engr. Ali Alimasuya Rabiu, FNSE, who chaired the event, declared the theme a strategic imperative for national survival. He urged a decisive shift from a singular focus on crude extraction to a holistic vision of value chain optimization, powered by strategic tax reforms designed as an engineering tool for growth. He underscored that the envisioned future is impossible without the genius and innovation of Nigerian engineers.
This vision was expanded upon in the keynote address, delivered by Chief Business Director Abudukerimu Sule on behalf of Mr. Momoh J. Oyarekhua, which analyzed the transformative potential of the newly enacted Nigeria Tax Act 2025 as a catalyst for investment. This set the stage for a robust panel session moderated by Engr. Oghenedoro Garus-Kogi. Panelists, including Engr. Ehimhen Okoh-Agunloye, Engr. (Dr.) Bukola Olusola, Mr. Adesola Adebawo, Mrs. Eyono Fatai-Williams, and Mr. Abayomi Abiona, FCA, delivered incisive analyses. Discussions rigorously tackled upstream efficiency, incentivizing midstream and downstream investments through smart fiscal policy, leveraging gas as a domestic transition fuel, and building an inclusive, resilient energy ecosystem.
The symposium, hosted by Engr. (Dr.) Yetunde Aladeitan, FNSE, National Chairman of NIPetE, served as a strategic platform for translating policy frameworks into actionable engineering and investment pathways for Nigeria's energy future.
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