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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
On 13 February 2026 President Bola Ahmed Tinubu signed Executive Order No. 9 of 2026 directing all Production Sharing Contract operators and contractors to remit Royalty Oil, Tax Oil, Profit Oil, and Profit Gas directly to the Federation Account, bypassing prior NNPC Limited intermediated collection. The order simultaneously eliminates NNPC Limited's 30% management fee on profit oil/gas, suspends the 30% Frontier Exploration Fund deduction, and redirects Gas Flare Penalty proceeds to the Federation Account — materially walking back the fiscal architecture established under Petroleum Industry Act 2021 §§ 9 and 53. An Implementation Committee chaired by the Minister of Finance was established to operationalise the order and resolve disputes.
On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which the Global Trade Alert database logs as including a "Capital Investment in Oil and Natural Gas Field Exploration and Asset Acquisition Projects" financial-grant/equity line administered by METI, effective with the fiscal year on 1 April 2026. This continues the government's long-standing equity-investment scheme -- run through JOGMEC (the Japan Organization for Metals and Energy Security) -- that co-funds Japanese companies' upstream oil and gas exploration, development, and M&A/asset-acquisition activity abroad. The FY2026 initial-budget allocation for this specific line is JPY 42.7 billion, down from JPY 56.3 billion in FY2025, though a JPY 19.7 billion supplementary appropriation lifts total FY2026 availability to roughly JPY 62.4 billion -- a modest net increase over FY2025 once the supplementary tranche is included.
On 5 December 2025, at the opening of the 14th Practical Nigerian Content Forum, Nigeria's Nigerian Content Development and Monitoring Board (NCDMB) unveiled a USD 100 million Equity Investment Scheme to provide equity and quasi-equity financing to high-growth indigenous energy service companies, diversifying the income base of the Nigerian Content Development Fund (NCDF). NCDMB Executive Secretary Engr. Felix Omatsola Ogbe and Bank of Industry Managing Director Dr. Olasupo Olusi signed an MOU under which BOI will manage the scheme as a new product of the Nigerian Content Intervention Fund, with a single-obligor limit of USD 5 million per investment. NCDMB also reported Nigerian content (local-participation) attainment reached 61% by Q3 2025.
On 26 June 2025 President Bola Ahmed Tinubu signed four acts constituting Nigeria's most comprehensive fiscal overhaul in decades: the Nigeria Tax Act 2025 (NTA), Nigeria Tax Administration Act 2025 (NTAA), Nigeria Revenue Service (Establishment) Act 2025, and Joint Revenue Board (Establishment) Act 2025. The NTA consolidates and repeals six core statutes — CITA, PITA, PPTA, VAT Act, CGT Act, and Stamp Duties Act — into a single unified code effective 1 January 2026, while the NTAA standardises assessment, filing, and enforcement procedures across all federal taxes. The two establishment acts restructure the Federal Inland Revenue Service (FIRS) into the Nigeria Revenue Service (NRS) with a broadened mandate and create an empowered Joint Revenue Board to coordinate federal-state fiscal relations.
President Bola Ahmed Tinubu signed the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025 on 29 May 2025, introducing a performance-based tax-credit framework for upstream oil and gas operators who beat NUPRC-set Unit Operating Cost benchmarks. Eligible lessees, licensees, and PSC contractors receive tax credits capped at 20% of their annual petroleum tax liability per licence area, applied against Petroleum Profits Tax, Hydrocarbon Tax, or Companies Income Tax. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) conducts annual terrain-specific (onshore, shallow-water, deep-offshore) Unit Operating Cost benchmarking, and the Federal Inland Revenue Service (FIRS) co-administers with claw-back provisions for non-compliance; the regime runs through 31 May 2035.
On 28 February 2024 President Bola Ahmed Tinubu signed one executive order and two presidential directives to revive upstream oil and gas investment in Nigeria after years of declining FDI: (i) the Oil and Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order, 2024 — establishing a gas tax credit for non-associated gas (NAG) greenfield projects and fiscal enablers for deep-water oil and gas; (ii) the Presidential Directive on Local Content Compliance Requirements, 2024 — instructing the NCDMB to adapt enforcement of the Local Content Act to in-country capacity gaps; and (iii) the Presidential Directive on Reduction of Petroleum Sector Contracting Costs and Timelines, 2024 — streamlining NUPRC and NNPCL contracting approvals. Effective immediately on signing.