Nigeria will host international gas investors and industry leaders this October in Lagos, positioning the country as Africa’s premier destination for natural gas investment and regional energy hub development.
The Gas Investment Forum, featuring President Tinubu’s Special Adviser on Energy Olu Verheijen as keynote speaker, targets significant investment commitments in Nigeria’s $50 billion gas sector. The two-day event expects participation from global energy companies, development finance institutions, and technology providers.
Economic projections indicate Nigeria and Sub-Saharan Africa will contribute 92% of continental natural gas demand growth through 2050, with Nigeria alone adding over 75 billion cubic meters between 2023 and 2050. This expansion could generate $25 billion in additional revenue while creating 400,000 jobs across the value chain.
“The Forum provides an unparalleled platform for collaboration between policymakers and the private sector,” stated Event Director Osaze Isesele. “Investment opportunities are identified, partnerships built, and innovation showcased to support the country’s Decade of Gas policy.”
Confirmed speakers include top executives from the International Gas Union, Nigeria Gas Association, and Petroleum Technology Association. Their participation underscores global recognition of Nigeria’s gas monetization potential and regulatory environment improvements.
The event’s endorsement by the Federal Ministry of Petroleum Resources and co-hosting by regulatory commissions ensures strong government alignment with private sector investment priorities. This coordination addresses historical policy uncertainty that previously deterred international investors.
Nigeria’s proven gas reserves of 209 trillion cubic feet rank among the world’s largest, yet current utilization remains below 30%. The forum aims to unlock this potential through strategic partnerships, technology transfer, and innovative financing mechanisms.
About The Author
