Nigeria’s bold gas-led energy transition strategy is yielding dividends, as over $5 billion in new investments surge into the sector, signaling strong global confidence in the country’s energy future.
This was revealed by Akachukwu Nwokedi, President of the Nigerian Gas Association (NGA), during a pre-event briefing for the 29th World Gas Conference scheduled for May in Beijing.
“These investments span key areas like gas infrastructure, floating LNG, and domestic distribution projects. Nigeria is no longer on the sidelines—we are becoming a central figure in the global gas economy,” Nwokedi stated.
Backed by sweeping policy reforms under President Bola Ahmed Tinubu—including new executive orders, gas pricing deregulation, and progress on the Ajaokuta-Kaduna-Kano (AKK) pipeline—the sector is attracting unprecedented private sector interest.
With 209 trillion cubic feet (TCF) of proven gas reserves and ambitions to hit 600 TCF, gas is being positioned as Nigeria’s “transition fuel” for both economic growth and emissions reduction.
A “Nigeria Pavilion” at the Beijing WGC 2025 will spotlight this transformation, featuring key gas projects, investment opportunities, and international collaborations.
“Gas is not just our future—it is our now,” Nwokedi emphasized.
Source: Nairametrics
