Nigeria's Power Minister Highlights Energy Security Role

On Tuesday, Joseph Tegbe, the Minister of Power for Nigeria, delivered a keynote address at the Middle East Energy 2026 Leadership Summit in Dubai, asserting that Africa is central to energy geopolitics. He discussed the evolving definition of energy security, which now encompasses not just hydrocarbon reserves but also the resilience of supply chains and infrastructure.

Tegbe pointed out Nigeria's substantial natural gas reserves, exceeding 200 trillion cubic feet, and its consistent LNG supply to Europe and Asia over the past two decades. He described the Electricity Act of 2023 as the most significant reform in Nigeria's power sector in a generation, which dismantled a long-standing federal monopoly and established 37 emerging electricity markets across the country.

This reform is under the leadership of President Bola Ahmed Tinubu, GCFR, and is positioned as a model for other developing economies to enhance global energy security amidst geopolitical fragmentation.