SCORECARD: How Nigeria’s oil sector fared under Tinubu in one year

On 29 May 2023, President Bola Tinubu took the oath of office as the elected president of Nigeria after defeating 17 other candidates who took part in the election.

While campaigning across the country, Mr Tinubu, who contested under the All Progressives Congress (APC), adopted “Renewed Hope” as a mantra.

At the time, he promised to implement key reforms in the energy sector and ensure collaboration between security agencies and oil industry operators to stem oil theft and abolish fuel subsidies.