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Producing Crude Does Not Guarantee Cheap Fuel: Rethinking Nigeria’s Energy Reform Path
PEWI's Insights on NOGEP Issues
Professor Omowumi O. Iledare
PreambleRecent increases in petrol (PMS) prices in Nigeria, amid rising global crude oil benchmarks and heightened geopolitical tensions in the Middle East, have once!-->!-->!-->!-->!-->!-->!-->…
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Executive Power and PIA Structure: Understanding Executive Order 09 and Implications on Nigeria’s…
Professor Omowumi O. IledareNgeria’s petroleum governance framework was intentionally restructured to emphasise institutional separation, regulatory clarity, and fiscal transparency through the Petroleum Industry Act (PIA).!-->!-->!-->!-->!-->…
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Nigeria’s Oil and Gas Industry in 2026: Consolidation, Value Creation, and the Imperative of…
Prof Wumi Iledare
IntroductionNigeria’s oil and gas sector has long been characterized by policy instability, import dependence, and persistent governance challenges. At this critical juncture, however, the sector’s trajectory is!-->!-->!-->!-->!-->…
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Nigeria’s Oil & Gas in 2025: Evaluating Governance and Strategic Decisions Impacting 2026
Professor Omowumi O. Iledare
PreambleIn 2025, Nigeria’s oil and gas sector began a shift from legislative reform under the Petroleum Industry Act (PIA) to real governance challenges. While domestic refining and indigenous production!-->!-->!-->!-->!-->…
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Aligning NNPC’s Commitments to Nigerian Stakeholders with the Commercial Objectives of the Petroleum…
Professor Omowumi O. Iledare1.0 IntroductionAs Nigeria navigates one of the most delicate phases of its economic and energy transition journey, the role of NNPC Limited (NNPC) stands at the intersection of national expectation,!-->!-->!-->…
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Ethics, Efficiency, and Equity: A Professorial Dialogue on Nigeria’s Petroleum Future
Professor Omowumi O. Iledare
"Nations rise not by rhetoric but by responsibility — to govern ethically, perform efficiently, and lead equitably.”PreambleThe Nigerian petroleum space has seen a crescendo of debates — from the!-->!-->!-->!-->!-->…
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Navigating The Continuous PIA Amendment Noises: Pedagogical Perspectives On Matters Arising In…
Professor Omowumi O. IledareNigeria’s oil and gas industry stands at a critical crossroads. Despite the enactment of the Petroleum Industry Act (PIA) in 2021, which aimed to provide much-needed regulatory certainty and foster!-->!-->!-->…
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PIA After Four Years: Buhari’s Legacy, Tinubu’s Task, and Nigeria’s Oil and Gas…
Professor Omowumi O. IledarePreamble:Nigeria holds substantial reserves of oil and natural gas, with estimates reaching 37 billion barrels of oil and over 200 trillion cubic feet of natural gas. Nevertheless, actual production levels!-->!-->!-->…
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Uncertainty in the Emerging Energy Landscape and the PIA Era: Nigeria’s Petroleum Economy at…
Professor Omowumi O. IledarePreambleThe global energy ecosystem is experiencing unprecedented turbulence—marked by supply disruptions, decarbonisation pressures, geopolitical frictions, and technological disruption. In this volatile!-->!-->!-->…
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Nigeria’s Energy Landscape: Critical Issues for Consideration in the Oil and Gas Value Chain
Professor Omowumi O. IledarePreambleParesident Bola Tinubu began his third year of a four-year presidency of the Federal Republic of Nigeria on May 29, 2025. The administration has taken steps over the last two years to reform the oil!-->!-->!-->…
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