Nigeria has joined other global energy leaders at the U.S.–Africa Investment Summit of the Africa Energy Week Conference in Cape Town, South Africa, to share Nigeria’s vision for gas as the engine of Africa’s energy transition.
Speaking at the session, Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, emphasized the importance of U.S.–Africa partnerships in unlocking investment opportunities across our gas value chain, and he highlighted how regional integration can strengthen energy security.
Ekperikpe noted the ongoing reforms under President Bola Ahmed Tinubu, including the Presidential Executive Orders and Petroleum Industry Act, which are designed to create transparency, attract global capital, and fast-track infrastructure development in our energy sector.
He further highlighted these reforms as landmark reforms designed to streamline Nigeria’s oil and gas regulation, making the market more attractive to U.S. capital.
“We are reducing bottlenecks and contracting timelines, as well as improving fiscal terms,” he said. Ekpo also pointed to the creation of the Midstream and Downstream Gas Infrastructure Fund, which was established to boost investment in gas infrastructure by de-risking projects and attracting private investors.
According to the Nigerian Gas Minister, these reforms are designed to create transparency, attract global capital, and fast-track infrastructure development in our energy sector. As Nigeria is ready to partner with the world to unlock Africa’s vast gas potential.
The Senior Adviser at the U.S. Department of Energy, Andrew Rapp, also a member of the panel session, affirmed that African Energy addition is a priority for the DOE, and its impact cannot be underrated, and that Washington is seeing Africa’s energy future as integral to global prosperity. “This is our goal as an agency, and it has support from the highest levels of the administration.”
