Nigeria: Gas Reserves Not Enough to Grow Nigeria's Economy

Nigeria: Gas Reserves Not Enough to Grow Nigeria's Economy

Abundant gas reserves alone would not translate into development without deliberate policies to deepen local participation, skills and ownership in Nigeria's value chain, Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), has said.

Gas Reserves Not Enough To Grow Nigeria’s Economy – Minister

Abundant gas reserves alone would not translate into development without deliberate policies to deepen local participation, skills and ownership in Nigeria’s value chain, Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), has said. He spoke on Monday, at the opening ceremony of the 9th Nigerian International Energy Summit (NIES 2026) themed: “Energy for Peace and Prosperity: Securing Our Shared Future.” He described the sector …

Tinubu: Nigeria Stands Ready with Africa, Global Partners to Deliver Secure, Affordable, Cleaner Energy - Thepodiummedia

President Bola Tinubu on Tuesday reiterated Nigeria’s readiness to collaborate with African nations, global partners and the private sector to deliver cleaner, affordable, inclusive and more secure energy. According to him, energy plays a critical role as the invisible force holding the modern world together, as well as the quiet architecture of balance among nations, the unseen hand that steadies economies and sustains societies.  The president…

NCDMB Pushes Local Content Beyond Compliance At Energy Summit 2026

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Nigerian Content Policy Not Targeted at Foreign Oil Companies, Says FG

The Federal Government has clarified that the Nigerian Oil and Gas Content Development Act (NOGICD Act) is not aimed at excluding foreign oil companies from operating in the country, but is meant to ensure greater participation of Nigerian companies and professionals in the oil and gas industry.In a statement, the Minister of State for Petroleum Resources said the policy’s goal is to build local capacity, stimulate job creation, and strengthen t…

Nigeria’s Oil and Gas Sector Can Accommodate Foreign and Local Firms — Lokpobiri

The Federal Government has reaffirmed that Nigeria’s oil and gas industry has sufficient scale and opportunities to support the coexistence and collaboration of both international Engineering, Procurement and Construction (EPC) firms and indigenous companies, as it moves to reposition local content development as a catalyst for sustainable industrial growth. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made th…