Nigeria: Africa’s Gas Powerhouse in the Making

Nigeria, long regarded as Africa’s oil powerhouse, is entering a new energy chapter, driven by the country’s strategic shift towards becoming the leading gas economy in the continent. With proven reserves exceeding 210 trillion cubic feet, Nigeria is set to emerge as Africa’s foremost gas producer and exporter. The government’s Decade of Gas Initiative, launched in 2021 by President Muhammadu Bihari, constitutes the official framework for this transition, which aims to diversify the economy by reducing dependence on oil and positioning natural gas as the key transition fuel in the African energy landscape. This shift aligns with the rising global demand for cleaner energy sources, since natural gas is viewed as a transition fuel. Nigeria’s strategic gas export plans and opportunities include regional pipeline projects, including the West African Gas Pipeline and the African Atlantic Gas Pipeline, aiming to strengthen the country’s position as a key energy supplier across Africa and eventually Europe. By positioning itself as an African gas hub, Nigeria is set to play a pivotal role in regional energy integration, while driving economic growth, contributing to Africa’s clean energy transition, and supporting the continent’s sustainable development goals.