Skip to content
Plus234Feed

NNPC Ltd. Launches $60 Billion Gas Master Plan for Growth

Business
The Will
NNPC Ltd. Launches $60 Billion Gas Master Plan for Growth

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is implementing a Gas Master Plan aimed at transforming Nigeria's gas sector and enhancing local content development. The plan, launched in January 2026 in Abuja by NNPC Group Chief Executive Officer Bashir Ojulari, targets an increase in national gas production to 10 billion cubic feet per day (bcf/d) by 2027 and 12 bcf/d by 2030.

The initiative seeks to attract over $60 billion in investments across the gas value chain by the end of the decade. This investment is expected to create opportunities for Nigerian manufacturers, engineering firms, and skilled professionals, while also supporting the development of infrastructure for gas-based industries, power generation, and other sectors.

The success of the plan will depend on how much economic value and technological advancements remain within Nigeria, moving the gas industry towards commercially driven development.

Plus234Feed summary based on reporting from The Will. Read the original report below.

Read full article

Continue on The Will

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.