FG urges private investors to fund oil refining, gas projects

The Federal Government of Nigeria is urging private investors to increase their involvement in the country's midstream and downstream petroleum sectors, emphasizing the need for greater investment in refining, gas processing, pipelines, storage, logistics, and human capital. This call comes from the Petroleum Technology Development Fund (PTDF), which is working to restore investor confidence and create a more predictable environment for private capital in the industry.

The government's reforms aim to address infrastructure deficits, improve regulatory certainty, and promote a competitive market, as highlighted during the inauguration of the PTDF Journal Summit in Abuja.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.