In a strategic move to strengthen Nigeria’s gas sector, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Friday held high-level discussions with the management of Nigeria LNG Limited (NLNG) in Abuja.
The meeting focused on production targets, investment opportunities, infrastructure, and ongoing reforms designed to position Nigeria as a leading gas producer on the continent.
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Nigeria’s 2030 Gas Ambition
Edun reaffirmed the Federal Government’s goal of producing 10 billion standard cubic feet (scf) of gas per day by 2030, describing it as central to the nation’s energy and economic growth agenda.
He cited the recent Deepwater agreement with TotalEnergies as evidence of renewed investor confidence, adding that President Bola Tinubu’s administration had stabilised the economy and opened fresh opportunities in the energy and manufacturing sectors.
“As we implement comprehensive tax reforms, your input will be vital in shaping a more attractive business landscape,” Edun told the NLNG team.
“We want a transparent, technology-driven environment where investors can operate with confidence.”
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The minister also highlighted the rollout of digital trade systems, which he said would streamline oversight, eliminate inefficiencies, and ensure fairness for both local and international stakeholders.
NLNG Updates on Operations
NLNG Managing Director and CEO, Dr. Philip Mshelbila, briefed the minister on progress in operations. He reported stronger gas supply and security improvements on the Trans-Niger pipeline, which have driven capacity utilisation above 70%.
On infrastructure, Mshelbila pointed to advances in the Bodo-Bonny Road project, while urging government support for the extension of the East-West Highway under the tax credit scheme to ease logistics and boost gas supply reliability.
Driving Growth Through Gas
The talks underscore the Federal Government’s determination to unlock Nigeria’s vast gas potential in line with the Renewed Hope Agenda of President Tinubu.
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Observers say the collaboration between the Finance Ministry and NLNG represents a critical milestone in shaping Nigeria’s gas future—balancing investment, technology, and reforms to ach
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