Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has said the path to a sustainable energy future requires partnership, innovation and a shared commitment to addressing global energy challenges.
The Minister stated this recently at a reception hosted by the Nigerian High Commission in Alberta, Calgary, Canada, where he attended the global energy show.
He described the show as a platform where the brightest minds and most influential leaders in the energy sector converge, saying the gathering offered an opportunity to showcase Nigeria’s immense potential in the global energy landscape, particularly in the gas sector.
“We welcome Canadian businesses and investors to explore Nigeria’s vast opportunities. Our government is dedicated to ensuring a stable and conducive environment for investments, with a focus on transparency, efficiency and mutual benefit,” Ekpo said.
The minister said Nigeria is blessed with one of the largest natural gas reserves in the world and is committed to harnessing this resource not only as a catalyst for economic growth, but also as a vital component of its energy transition strategy.
According to Ekpo, in the past few years, the Nigerian government has made substantial strides in creating an enabling environment for investment in the gas sector.
He said initiatives such as the ‘Decade of Gas’ was launched to transform Nigeria into a gas-powered economy by 2030.
He also said the Petroleum Industry Act (PIA) 2021 established the Midstream and Downstream Gas Infrastructure Fund (MDGIF), which provides a strategic framework to remove bottlenecks, incentivise investments and foster a conducive environment for gas infrastructure development.
Ekpo therefore urged private sector investors to see Nigeria as a destination of their choice, highlighting their importance in the journey towards the country’s energy security and sustainability.
“Let us foster deeper connections, share knowledge, and pave the way for a future where our energy collaboration leads to mutual prosperity and a sustainable world,” he added.
