The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it has approved more than 25 Non-Associated Gas (NAG) Field Development Plans (FDPs) since the enactment of the Petroleum Industry Act (PIA), attracting over $4.9 billion in capital expenditure (Capex) investments.
According to the Commission, these projects have unlocked approximately 9,790 billion standard cubic feet (BSCF) of gas reserves and 3.54 BSCF/D of gas production capacity, reinforcing Nigeria’s drive to become Africa’s leading gas hub.
In a statement issued in Abuja by the Head of Media and Strategic Communication, Eniola Akinkuotu, the Commission said the disclosure was made by its Chief Executive, Gbenga Komolafe, during the 3rd Gas Investment Forum held in Lagos. Komolafe, represented by the Executive Commissioner for Development and Production, Enorense Amadasu, outlined the agency’s efforts to drive gas development, monetisation, and infrastructure expansion.
He explained that the NUPRC has rolled out a comprehensive regulatory roadmap designed to unlock over 55 trillion cubic feet (TCF) of uncommitted gas reserves and attract billions of dollars in fresh investments into the gas value chain.
“The Commission’s strategic focus is to enhance gas production and utilisation as part of Nigeria’s broader energy transition plan, while ensuring that the country secures a sustainable and prosperous energy future,” Komolafe said.
The initiative, he added, aligns with President Bola Tinubu’s economic diversification and energy security agenda, which prioritises the gas sector as a key driver of industrial growth and national development.
