As an oil-producing net importer of petroleum products, this makes the lack of investment in Nigeria’s own domestic energy infrastructure even more stark – a trend which must be reversed.

The gas sector offers a more environmentally friendly alternative than oil. Policy implementation in the shape of the Nigerian Gas Transportation Network Code (NGTNC) illustrates a potential future of an equitable and competitive gas market. Better infrastructure and broader access to gas across the country can have a considerable impact.

Currently, peak power supply is a quarter of the total 20,000MW demand in the country. With electricity generation per head 25% below sub-Saharan African averages, the country spends $12bn annually on diesel to power generators. This cost comes with additional health and environmental hazards, highlighting the importance of developing a sustainable, reliable energy mix.

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