FG Lists Achievements in Gas Sector, Puts FID Projects at $3.5 Billion

THISDAYLIVE | 05-10-2026 05:16am |

The federal government listed developments in Nigeria's gas sector, including about $3.5 billion in fresh investments that have reached Final Investment Decision under President Bola Tinubu. Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo disclosed this in Abuja at the weekend during a media parley, naming the Iseni Project at about $122 million, Ubeta at $566 million, the HI Project at $2 billion and the Ima Project at $800 million. He said total gas output is now 7.5 billion cubic feet per day, with domestic supply at over 2 billion cubic feet per day. He also said NLNG capacity utilisation climbed from 59 per cent to 87 per cent under Tinubu, and reiterated plans to turn the country's gas reserves into a major source of industrial growth.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.