Nigeria, others secure nine per cent of $150b gas investment

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Nigeria, others secure nine per cent of $150b gas investment
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Nigeria and other African countries pushing for energy transition, with gas as a temporary option, may face serious challenges in securing

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capital for gas infrastructure.

NGRI’s Tengi Gorge-Ikoli and Aaron Sayne, in the report, note that as the world moves away from fossil fuels, pro-gas voices in and outside government should explain to the public why gas is the best fuel for their country to reach its energy, economic and climate goals. It added that gas for power generation, in that context, could be a more reliable option, adding that as technological advancements were made to address the intermittency issues, renewables would become more competitive.

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Nigeria, other African nations secure only $13.7bn of $150bn gas investmentNigeria, other African nations secure only $13.7bn of $150bn gas investmentNigeria and Global News
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