At the ongoing Nigeria Oil and Gas (NOG) Energy Week in Abuja, key stakeholders have renewed calls for robust investment across Nigeria’s energy sector and the wider African continent. Industry leaders, government officials, and international partners converged to chart a course for sustainable energy development, emphasising that unlocking Africa’s vast energy potential requires urgent capital injection, technology transfer, and policy support.
Participants at the conference underscored that Nigeria, as Africa’s largest oil producer and a frontier for gas development, holds a strategic position in shaping the future of energy on the continent. They argued that despite global shifts towards renewables, Africa’s development realities demand a balanced approach that leverages existing oil and gas resources while gradually transitioning to cleaner alternatives.
The dialogue comes at a time when the global energy market is experiencing disruptions due to geopolitical tensions and climate change pressures. Stakeholders stressed that Africa must not be left behind in the global energy transition, urging investors to seize emerging opportunities in gas infrastructure, renewable energy integration, and local content development.
Nigerian government representatives reaffirmed their commitment to creating an investor-friendly environment through regulatory reforms, enhanced security in oil-producing areas, and transparent governance structures. They maintained that attracting foreign and local capital into the energy sector is central to driving industrialisation, job creation, and economic diversification.
The NOG platform continues to serve as a critical space for shaping policy direction, fostering partnerships, and positioning Nigeria—and indeed Africa—as a competitive and reliable energy hub in the global landscape. As the energy dialogue deepens, stakeholders are optimistic that the continent’s resource-rich landscape, when matched with the right investments, will unlock sustainable development for generations to come.