Nigeria’s gross gas production has risen to 7.63 billion standard cubic feet per day from about 6.83 billion standard cubic feet per day in 2023.
The Special Adviser to the President on Oil and Gas, Olu Verheijen, disclosed this at the 2026 Nigerian-British Chamber of Commerce Energy Day held recently in Lagos.
Verheijen also disclosed that the nation’s proven reserves now stand at over 215 trillion cubic feet of gas.
Verheijen said the monumental increase was achieved through targeted presidential directives which improved the environment for deep-water, non-associated gas and midstream infrastructure.
The Special Adviser disclosed that over $4 billion in international oil company divestments were refocused on deep-water and integrated gas.
She said the feat was achieved also because the President Bola Tinubu’s administration successfully addressed the challenge of cost of doing business.
Verheijen stated: “Nigeria’s share of African Upstream Final Investment Decisions rose from about four per cent in the year 2023 to roughly forty pe rcent across 2024 and 2025.
“With the development, about $10 billion was committed with a visible pipeline of some $500 billion ahead.
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“Stalled projects are moving again, including Bonga North, Ubeta and HI gas developments and new non-associated gas developments that anchor long-term supply to our LNG exports.
“When Nigeria improves the rules of the game, capital returns to the field.”
Beyond increase in production, the presidential aide said the administration repositioned gas as foundation for industrialisation.
According to her, the administration does not see gas as merely a transition fuel, but a development fuel, central to power, fertiliser, petrochemicals, clean cooking, CNG transport, LNG exports and manufacturing.
Verheijen added: “The goal is not simply to produce more gas, it is to ensure Nigerian gas becomes Nigerian power, Nigerian products, Nigerian jobs and Nigerian exports.
“A nation does not grow wealthy by owning resources, it grows wealthy by converting them into value.”
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