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Gas

Nigeria Lost Up To USD 235 Bn In Potential Oil Investments Due To Delayed Petroleum Industry Bill, Says Lawan

Source: Trendsnafrica

CEII brief

Trendsnafrica reported on 12 Oct 2026: Nigeria Lost Up To USD 235 Bn In Potential Oil Investments Due To Delayed Petroleum Industry Bill, Says Lawan.

Nigeria may have forfeited between USD 230 billion and USD 235 billion in potential oil and gas investments over several years because of delays ...

— Trendsnafrica
Read the full story on Trendsnafrica

Context from CEII

Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.

72.9% of electricity in Nigeria came from gas in 2024

Countries in this story

Original reporting © Trendsnafrica. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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