Nigeria’s 2025 Petroleum Regulations: Commercial Impact for Operators

The 2025 Regulations replace a fragmented regime with a single, more coherent system, improving regulatory clarity and predictability across the sector.

The Regulations expands the scope of regulated activities across gas, petroleum liquids and emerging energy transition operations, while tightening rules on licensing, levies, governance and enforcement. The Regulations also impose stricter compliance obligations and enhanced penalty powers, the regulatory environment is more structured.

For operators and investors, the priority is alignment. Existing licences, contracts and internal frameworks should be reviewed against the new requirements, with early engagement and proactive compliance critical to managing regulatory risk and
preserving value across projects and transactions.

For further guidance on the Regulations and their strategic implications, please contact TEMPLARS Partner, Dayo Okusami; Senior Associate, Adebimpe MacGregor; and Associate, Gracia Bonire.