Tinubu establishes presidential petroleum reform task force

President Bola Ahmed Tinubu has approved the establishment of a presidential task force for petroleum reform and value optimisation.

On March 13, 2026, President Bola Ahmed Tinubu approved the establishment of the Presidential Petroleum Reform and Value Optimisation Task Force. The task force is to design the next phase of petroleum reforms. This initiative aims to address aspects of Nigeria's petroleum sector.

According to the Daily Trust report, this approval marks a step in ongoing efforts to reform the sector.

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Nigeria insists on tax reform implementation from January 2026

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The Federal Government of Nigeria has reaffirmed its commitment to implementing key tax reform laws starting January 1, 2026, despite ongoing procedural reviews by the National Assembly. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that preparations are on track following a briefing with President Bola Tinubu. The reforms aim to ease the tax burden on most Nigerians while promoting economic growth.

Following the December 2025 resignations of the CEOs of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC), President Bola Ahmed Tinubu has nominated 21 individuals for their boards, sending a letter to the Senate for confirmation.

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President Bola Ahmed Tinubu signed the Electoral Bill 2026—previously passed by the Senate on February 4—into law on February 18, 2026, advancing preparations for Nigeria's 2027 general elections. The bill, which includes reforms like reducing INEC's election notice period from 360 to 180 days, comes amid ongoing scrutiny of the Independent National Electoral Commission (INEC) and broader electoral improvements.

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President Bola Tinubu has directed appointees interested in the 2027 elections to resign between now and March 31, 2026.

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