Over $5 billion has been invested in Nigeria’s gas sector within the past year, according to Akachukwu Nwokedi, President of the Nigerian Gas Association (NGA).
Speaking at a media briefing in Lagos, Nwokedi highlighted the investments span areas such as:
- Infrastructure development
- Floating LNG projects
- Gas processing
- Domestic gas utilization
He attributed the investment surge to key reforms under President Bola Ahmed Tinubu’s administration, including:
- New Executive Orders on oil and gas
- The Ajaokuta-Kaduna-Kano (AKK) pipeline
- A new Decentralized Gas Distribution Framework
Looking ahead, Nwokedi announced Nigeria’s strategic presence at the upcoming World Gas Conference (WGC) 2025 in Beijing, China (May 19–23, 2025). The NGA will host a Nigeria Pavilion at the global triennial event organized by the International Gas Union (IGU).
The Pavilion aims to:
- Showcase Nigeria’s gas industry progress
- Highlight investment-ready opportunities
- Reinforce Nigeria’s commitment to the “Decade of Gas” initiative
“This platform is not just symbolic. It is strategic,” Nwokedi said, emphasizing Nigeria’s ambition to be seen globally as not just a resource-rich country but as a serious investment destination.
