HomeEconomy#Nigeria’s Gas Infrastructure Development Key to Economic Transformation – Mele Kyari

#Nigeria’s Gas Infrastructure Development Key to Economic Transformation – Mele Kyari

The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, has reiterated the federal government’s commitment to enhancing gas infrastructure to expand energy access and drive economic growth in Nigeria.

Speaking at the 2025 Nigeria International Energy Summit (NIES) in Abuja, Kyari emphasized that improving gas infrastructure is crucial to bridging Nigeria’s energy gap. He pointed out that over 70% of Nigerians lack access to clean cooking fuel, while more than 50% still experience unreliable electricity.

Nigeria’s Leadership in Africa’s Energy Sector

Kyari highlighted Nigeria’s strategic role in shaping Africa’s energy future, positioning the country as the continent’s leading oil and gas producer. He stressed that enhanced gas supply to industries and power plants will unlock economic opportunities and attract global investors.

According to Kyari, NNPC Ltd is actively expanding gas-based infrastructure to accelerate industrial growth and strengthen Nigeria’s position in the global energy market.

Investor Confidence and Policy Reforms

Kyari attributed the growing investor confidence in Nigeria’s oil and gas sector to policy reforms introduced by President Bola Tinubu’s administration. These include fiscal incentives under an Executive Order on Oil & Gas, which have led to increased Final Investment Decisions (FIDs) and a renewed inflow of foreign investments.

“Investors now see Nigeria as a stable and profitable destination for oil and gas investments,” he stated.

Nigeria’s Gas Transition and Challenges

The Tinubu administration has launched several gas projects, including Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) initiatives, with six new gas plants recently inaugurated in Ajaokuta, Ogun State.

However, industry experts caution that more investment is needed to fully transition Nigeria into a gas-powered economy, emphasizing the need for expanded infrastructure, policy consistency, and private sector collaboration to sustain long-term growth.

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