RMAFC plans China summit to attract oil, gas investments

The RMAFC has begun discussions with government agencies to host an oil and gas investment summit in China. The summit, expected in late November 2026, aims to attract fresh capital into Nigeria’s energy sector and increase revenue for the Federation Account. The event will focus on both upstream and downstream oil and gas opportunities, particularly capitalizing on Nigeria’s abundant gas resources.

The initiative follows consultations with key stakeholders and involves government agencies, including the Federal Ministry of Industry, Trade and Investment and the Nigerian Investment Promotion Commission. RMAFC’s Chairman and Federal Commissioner for Anambra State, Dr. Ekene Enefe, spearheaded the engagement, emphasizing the commission’s role in monitoring investments and revenue generation from the oil and gas industry.

The summit's selection of China as the venue is attributed to the Asian country’s pivotal role in the global energy and investment landscape. RMAFC plans to hold a stakeholder breakfast meeting in Abuja to coordinate preparations for the summit, with the Ministry of Petroleum Resources planning to nominate a representative to the planning committee.