Nigeria to raise gas output by 70 billion cubic meters by 2050
• Hosts global gas investors summit, October
By Faridat Salifu
Nigeria will host global gas investors and top industry leaders at the 2025 Gas Investment Forum scheduled for October 7–8 at the Oriental Hotel, Lagos.
President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, will deliver the keynote address and serve as Chief Host at the two-day event.
The Event Director, Osaze Isesele, confirmed the development in a statement issued in Abuja on Monday.
Other confirmed speakers include Coordinating Director of the Decade of Gas Secretariat, Ed Ubong; Executive Chairman of the African Energy Chamber, NJ Ayuk; President of the Nigeria Gas Association, Akachukwu Nwokedi; and Chairman of the Petroleum Technology Association of Nigeria, Wole Ogunsanya.
The international line-up will feature Andrea Stegher, President of the International Gas Union; David Oluseyi Ige, Non-Executive Director at NNPC Ltd and CEO of GasInvest Ltd; Abiodun Ogunjobi, Group Chief Technical Officer of Panocean Newcross Group; Eyono Fatayi-Williams, President of the Women in Energy Network; Damilola Owolabi-Osinusi, CEO of Selai Gas Station Ltd; and Oga Adejo-Ogiri, Executive Secretary of the Association of Local Distributors of Gas.
The forum, themed: “Charting New Opportunities for Investment, Growth & Industrialisation,” is endorsed by the Federal Ministry of Petroleum Resources and co-hosted by the Nigerian Upstream Petroleum Regulatory Commission.
Isesele said GIF had grown into a central platform for identifying investment opportunities, building partnerships, and showcasing innovation to support Nigeria’s Decade of Gas policy.
Organisers highlighted that increased gas utilisation can help reduce reliance on more polluting fuels like coal and diesel, cutting carbon emissions and improving air quality.
They added that natural gas, as a transition fuel, can support renewable energy growth by providing a cleaner, reliable backup for power generation while industries adopt lower-carbon technologies.
The event will also feature a trade exhibition for local and international companies to present technologies and investment-ready projects to potential partners.
A statement by the organisers projected that Nigeria and other Sub-Saharan countries would account for 92 per cent of Africa’s total natural gas demand growth by 2050.
Nigeria alone is expected to add more than 75 billion cubic meters of gas between 2023 and 2050, driven by gas-fired power generation, industrial growth, and the expansion of petrochemical and fertiliser production.
