Thursday, June 11, 2026

The Sun Nigeria

Ekpo showcases Nigeria’s gas reforms, woos investors at Global Energy Show

WhatsApp-Image-2026-04-30-at-9.25.23-AM-750×536

Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo

By Adewale Sanyaolu

Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has stepped up efforts to position Nigeria as a leading destination for investment in the global gas industry.

The Minister stated this while addressing investors, energy executives and policymakers at the 2026 Global Energy Show in Calgary, Canada. Ekpo highlighted the Federal Government’s ongoing reforms designed to create a more competitive and investor-friendly energy sector. He said the measures are aimed at attracting capital, delivering strong returns on investment, enhancing energy security and driving sustainable economic development.

The Minister noted that Nigeria is leveraging its vast gas resources to drive economic growth, expand energy access and support a lower-carbon energy future. Harping on the government’s investment drive, the Minister disclosed that recent Presidential Executive Orders have introduced tax incentives, fiscal reliefs, faster approvals and improved commercial frameworks designed to enhance project profitability and reduce investment risks across the gas value chain.

“Under the leadership of President Bola Ahmed Tinubu, Nigeria is executing bold reforms anchored on the Petroleum Industry Act (PIA) 2021, Presidential Executive Orders and wide-ranging regulatory improvements aimed at building a transparent and investment-friendly energy sector.”

“Nigeria is undertaking one of the most ambitious energy investment reform programmes in its history. Together, these reforms are making Nigeria a more attractive destination for gas investment”, the Minister noted.

He cited ongoing infrastructure projects such as the AKK and OB3 gas pipelines as evidence of Nigeria’s commitment to creating the infrastructure required to unlock value from its gas resources.

He stressed that the country is also advancing major regional projects, including the West African, Trans-Saharan, the Africa-Atlantic and the Nigeria-Equatorial Guinea Gas Pipelines, all of which position Nigeria as a continental gas hub.

The Minister further highlighted LNG development, energy financing, carbon management, clean energy technologies, digital energy systems and workforce development, as some areas for collaboration between Nigeria and Canada.

He assured investors that Nigeria remains committed to creating a stable and attractive business environment capable of supporting long-term investments, while delivering economic growth, industrial development and sustainable energy access for its citizens.