Nigeria: Environmental Law

Nigeria and South Africa remain two of Africa’s most significant energy markets, with substantial natural resources, sophisticated financial ecosystems, and growing ambitions to lead the continent’s evolving energy economy. However, despite their strategic importance, the full potential for cross-border energy investment and collaboration between both jurisdictions remains largely untapped.

The current gas projects now face strict carbon regulations which make their operations more complex than their original hydrocarbon work.

The Nigerian Upstream Petroleum Regulatory Commission has issued new Decommissioning and Abandonment Regulations 2026, fundamentally reshaping Nigeria's upstream petroleum decommissioning framework.

President Bola Ahmed Tinubu has signed a significant Executive Order aimed at overhauling Nigeria's oil and gas revenue framework.

The framework aims to facilitate the trading of carbon credits, incentivize emissions reduction, and attract both domestic and foreign investment in green projects.

Nigeria's 2025 Petroleum Licensing Round (the "Licensing Round") is a competitive, performance-driven allocation process that will determine the next wave of Petroleum Prospecting Licence ("PPL") holders...

Nigeria and other state parties to the Paris Agreement are required to submit their national climate action plans, known as Nationally Determined Contributions, which outline how they plan to reduce greenhouse gas emissions to help meet the Paris Agreement's global goal of limiting temperature rise to 1.5 ºC and adapt to the impacts of climate change.

The signing of the Nigeria's National Carbon Market Framework (NCMF) 2024 is a welcome development operationalising the 2021 Climate Change Act.

Nigerian renewable energy market opportunities are reshaping how businesses approach sustainability across Africa's largest economy. As companies navigate changing regulations and consumer expectations, understanding these market dynamics becomes crucial for long-term success.