President Tinubu Pushes Nigeria First Policy in Gas Sector

President Bola Ahmed Tinubu reaffirmed his commitment to the Nigeria First policy during a meeting at the State House in Abuja, urging international oil companies to increase opportunities for competent indigenous engineering and manufacturing firms. The President cited 2024 executive orders designed to reduce contracting costs and improve local content compliance to ensure economic value remains within the country.

As part of this initiative, Lee Engineering Group constructed two midline compressor stations in Edo State. These stations increase the capacity of the Escravos–Lagos Pipeline System from 1.1 billion to 2.3 billion standard cubic feet of gas per day, strengthening supplies to domestic power plants, industries, and neighboring West African countries.

Parallel to these infrastructure gains, the Decade of Gas Secretariat and the Presidential Initiative on Compressed Natural Gas and Electric Vehicles reported significant sector growth. Proven gas reserves reached 215.19 trillion cubic feet by January 2026, with daily production rising to 7.5 billion cubic feet. The government has nearly completed the AKK Gas Pipeline and fully completed the OB3 Gas Pipeline, utilizing N671 billion in public funding to attract N1.6 trillion in private investment.

To lower domestic costs, the administration deployed 670 CNG buses nationwide, reducing transport fares by 15 to 50 percent on certain routes. Additionally, a clean cooking program targeting five million households by 2030 has launched in Bayelsa and Akwa Ibom states.