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The Nigerian Institution of Petroleum Engineers (NIPetE) has called for a decisive shift in the nation’s energy strategy, moving away from crude oil dependency toward a value-driven, innovation-led ecosystem.
Speaking at the 2026 NIPetE Oil and Gas Symposium in Abuja, National Chairman Engr. Yetunde Aladeitan emphasised that Nigeria’s energy future depends on aligning with global best practices and fostering a “promising future” through engineering and policy intersection.
The virtual symposium, themed: “Beyond the Barrel: Tax Reforms, Value Chain Optimisation, and the Future of Nigerian Energy,” gathered engineers, policymakers, and fiscal experts to chart sustainable pathways for the industry.
Addressing the Crude Dependency
Chairman of the occasion and President of the Nigerian Society of Engineers (NSE), Engr. Ali Alimasuya Rabiu, represented by Deputy President Engr. Valerie Agberagba, described the theme as critical.
He urged the industry to transition toward a diversified energy landscape anchored on gas development and fiscal efficiency.
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Leveraging the Nigeria Tax Act 2025
A central pillar of the discussion was the Nigeria Tax Act 2025. In a keynote address delivered on behalf of Momoh J. Oyarekhua, Abudukerimu Sule detailed how these fiscal reforms could stimulate upstream efficiency and attract the investment needed to keep Nigeria competitive in the global market.
A panel of experts—including Engr. Ehimhen Okoh-Agunloye, Engr. Dr. Bukola Olusola, Mr. Adesola Adebawo, Mrs. Eyono Fatai-Williams, and Mr. Abayomi Abiona, FCA—further explored gas transition strategies to power industrialisation, midstream optimisation to bridge the gap between production and consumption, fiscal incentives to de-risk engineering innovation.
The 2026 symposium reflects Dr. Aladeitan’s leadership philosophy of bridging policy with practice. As an Associate Professor and Director of the Energy Research Center at the University of Abuja, Aladeitan has utilized the NIPetE platform to translate theoretical reforms into actionable engineering pathways.
Under her stewardship, the institution has grown into a vital thought-leadership hub.
The symposium’s focus on the Nigeria Tax Act 2025 highlights a commitment to turning national legislation into measurable industry outcomes—from unlocking gas-led industrialization to strengthening downstream investments.
As Nigeria navigates the global energy transition, the consensus from the NIPetE symposium is clear: the nation’s success will be defined by its ability to master both the science of engineering and the strategy of fiscal reform.
