Nigeria Banks on 209 Trillion Cubic Feet of Gas Reserves to Drive Economic Growth & Energy Transition

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Nigeria Banks on 209 Trillion Cubic Feet of Gas Reserves to Drive Economic Growth & Energy Transition - Sputnik Africa, 1920, 01.06.2025
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Nigeria Banks on 209 Trillion Cubic Feet of Gas Reserves to Drive Economic Growth & Energy Transition

Olu Verheijen, Special Adviser to President Bola Tinubu on Energy, explained that the government is harnessing gas to:

🟠diversify the economy,

🟠advance the clean energy transition,

🟠create jobs.

Verheijen reiterated the administration’s target of producing 10 billion cubic feet of gas per day by 2030, emphasizing the need to unlock:

🟠onshore gas,

🟠associated gas,

🟠deepwater non-associated gas.

She also highlighted ongoing collaboration with security agencies and private operators to combat theft and vandalism, ensuring that all produced gas reaches the market.

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