Nigeria Set to Host Second Gas Investment Forum in Lagos

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The Federal Government of Nigeria, in collaboration with the Ministry of Petroleum Resources, has confirmed the second edition of the Gas Investment Forum 2024. The event will be held on October 21-22, 2024, at the Oriental Hotel in Lagos.

 

 

This year’s forum, driven by Nigeria’s extensive gas resources and their potential for economic advancement, industrialization, and sustainable development, is designed to be a key platform for dialogue. It will gather government officials, CEOs, development finance experts, investors, and service providers to explore investment opportunities and foster partnerships for a gas-powered economy.

 

 

With the theme “Powering Nigeria’s Gas Future: Energy Security, Industrialization and Economic Growth,” the forum is expected to attract over 800 delegates. It aims to position itself as a pivotal venue for
sustainable investment in the African gas sector.

 

 

Nicholas Ella, Permanent Secretary of the Ministry of Petroleum Resources, expressed his support for the event, highlighting that its theme and agenda align with the federal government’s policy goals. The Ministry will showcase its recent accomplishments and outline future strategies for advancing Nigeria’s gas industry. The forum will address essential issues including energy security, industrialization, and economic growth, reflecting the Nigerian government’s commitment to leveraging the country’s substantial gas resources for economic diversification and progress.

 

 

Osaze Isesele, Event Director of the Gas Investment Forum, praised the Ministry of Petroleum Resources and its Permanent Secretary for their support. He emphasized the forum’s role in promoting sustainable
investment and socioeconomic development in Nigeria and West Africa.

Nigeria, home to one of the largest gas reserves globally with over 200 trillion cubic feet of proven reserves, is positioned as a significant player in the energy sector. Despite challenges such as infrastructure deficits and regulatory issues, recent policy reforms are beginning to open new
investment avenues in gas infrastructure, processing, and distribution.

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