Nigeria Secures Over $5 Billion in Gas Investments in One Year — NGA President

Reforms under Tinubu administration spark surge in gas sector funding and global interest.

Nigeria’s gas sector has attracted more than $5 billion in fresh investments over the past year, signaling renewed confidence in the industry, according to the President of the Nigerian Gas Association (NGA), Akachukwu Nwokedi.

Speaking at a media briefing in Lagos, Nwokedi revealed that the funds have been channeled into key infrastructure projects, including floating LNG facilities, gas processing plants, and domestic distribution networks, helping to strengthen Nigeria’s position in the global energy landscape.

“This level of investment is a direct result of bold reforms and policy direction under the current administration,” he noted.

Key Reforms Driving Growth

Nwokedi credited several recent policy moves by President Bola Ahmed Tinubu’s government for creating a more investor-friendly environment. Among them:

• Executive Orders targeting improvements in the Oil & Gas sector

• Progress on the strategic Ajaokuta-Kaduna-Kano (AKK) pipeline

• The launch of the Decentralized Gas Distribution Framework

These initiatives are seen as critical to achieving Nigeria’s “Decade of Gas” ambitions — a campaign to transition the nation into a major gas-powered economy.

Nigeria Heads to World Gas Conference 2025

Looking to further elevate Nigeria’s international profile, Nwokedi also announced the country’s participation in the 29th World Gas Conference (WGC 2025), taking place May 19–23, 2025 in Beijing, China.

The Nigerian delegation, led by the NGA, will feature a dedicated Nigeria Pavilion designed to showcase the country’s progress, opportunities, and commitment to sustainable gas development.

“This platform is not just symbolic. It is strategic,” Nwokedi stated. “It signals Nigeria’s readiness to take its rightful place in the global gas ecosystem — not just as a resource-rich country, but as a serious investment destination.”