How to address challenges in Nigeria’s gas sector

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“I am compelled to emphasise that Nigeria, endowed with over 208Tcf in proven gas reserves, should not be grappling with energy poverty,” Mr Ekpo said.

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“I am compelled to emphasise that Nigeria, endowed with over 208Tcf in proven gas reserves, should not be grappling with energy poverty. It is imperative for us collectively to confront these challenges head-on,” Mr Ekpo said. He explained that one of the key elements in the transition towards a more sustainable energy future lies in the strategic utilisation of natural gas.

“By expanding our gas infrastructure network, we can enhance access to gas markets, stimulate investment in upstream exploration and production activities, and create new opportunities for economic growth and diversification,” he said. He explained that the executive order sought to shorten the procedure for getting approval for contracts to which companies in the petroleum sector and companies controlled by the federal government are parties.

 

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