Petroleum Revenue, Royalty & Tax Compliance: Managing Fiscal Exposure Across Nigeria’s Petroleum Value Chain
Nigeria’s petroleum fiscal environment has become increasingly complex following the implementation of the Nigeria Tax Act 2025 from 1 January 2026, alongside the Petroleum Industry Act (PIA) 2021 and its expanding body of regulations. For petroleum businesses, compliance is no longer limited to paying assessed taxes; it requires accurate revenue determination, production measurement, royalty computation, … Continued