Connect with us

ECONOMY

Nigeria’s ‘Renewed Hope’ agenda driving investors’ confidence- Presidential aide

Published

on

The Special Adviser to the President on Energy, Ms Olu Verheijen, says Nigeria’s “Renewed Hope” agenda is driving investors’ confidence through clear governance, transparency, and data-driven energy policies.

Verheijen said this while speaking on the panel session tagged “Incentivising Sustainable Growth through Government Energy Policies” at the ongoing 2025 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), in Abu Dhabi .

She said the agenda was designed as a technology-neutral and capital-attraction framework aimed at delivering measurable socio-economic outcomes across the economy.

According to her, the government has created a transparent structure, separating policy, regulation and commercial operations.
This, she said has enabled the NNPC Limited to function as a commercially focused and globally competitive partner across oil, gas, power, and renewables.

“We have established clear governance separating policy, regulation, and a commercially focused NNPC.

“This clarity is a key signal to the global investment community that Nigeria is open for business,” she said.

Verheijen emphasised that the initiative adopts a data-driven approach to measure impact through key performance indicators such as job creation, macroeconomic stability, power generation, and affordable clean cooking solutions.

She said the reforms following the removal of fuel subsidies were being managed to ensure gas affordability while attracting fresh investments into infrastructure and domestic supply.

“We measure success through investor inflows, job creation, and outcomes like increased power generation and access to clean cooking,” she added.

She reaffirmed Nigeria’s commitment to leveraging its abundant gas resources as a transition fuel and catalyst for industrial and economic growth.

The presentation highlighted Nigeria’s focus on sustainable energy development, transparency, and partnerships to deliver tangible benefits to citizens under the “Renewed Hope” economic agenda.

The 41st edition of ADIPEC, with the theme “Energy. Intelligence. Impact,” holding from Nov. 3 to Nov. 6, brings together international, regional and local stakeholders across the energy, technology and finance sectors.

This year’s conference focuses on driving decarbonisation, Artificial Intelligence (AI), and local content development for sustainable global energy growth.

Our correspondent reports that the Renewed Hope Agenda is the reform and development plan of President Bola Ahmed Tinubu’s administration in Nigeria, focusing on achieving a one trillion dollars economy by 2030 through priorities like economic growth, security, human capital development, and infrastructure.

Key initiatives include reforms to improve the economy, such as removing fuel subsidies and unifying the exchange rate, and significant investments in social programs like the “Renewed Hope Cities and Estates” for affordable housing and programs to empower women and youths.

Emmanuella Anokam

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments
NIGERIA DECIDES

NIGERIA DECIDES

Shell Digital Plan RESPONSIVE600x750
Shell Digital Plan RESPONSIVE600x750
GTB
JoinOurWhatsAppChannel