The Nigerian government has unveiled plans to attract $20 billion in investments through 70 priority gas projects, aiming to drive industrialisation and strengthen energy security.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said the projects were selected from over 200 reviewed initiatives under the Decade of Gas programme. They cover key sectors such as power generation, fertilisers, petrochemicals, LPG/CNG, and gas exports, and are expected to consume about 15 billion standard cubic feet of gas per day.
NMDPRA chief Farouk Ahmed said the move highlights Nigeria’s commitment to using gas as a transition fuel for economic growth. The initiative seeks to turn the country’s vast reserves over 200 trillion cubic feet into a driver of jobs, industrial output, and cleaner energy.
While the investment push could boost foreign interest and create thousands of jobs, experts warn that infrastructure gaps and policy consistency remain critical challenges.
Launched in 2021, the Decade of Gas aims to transform Nigeria into a gas-powered economy by 2030. If successful, it could mark a major milestone in the country’s industrial and energy development. Visit www.jocomms.com for more news.
