Nigeria: making gas work
A recent IPP deal suggests Abuja may have a way to come good on promises to provide power to the people
NIGERIA has a massive power shortage and ambitious plans to remedy it, providing major opportunities for the gas sector. But a chaotic privatisation of electricity distribution, militant attacks on gas pipelines and a difficult investment climate means too many people depend on back-up diesel generators to see them through blackouts. It remains a difficult place for would-be gas-fired power producers. Things may be changing. President Muhammadu Buhari has prioritised power sector development, and, unlike some of his predecessors, has taken some practical steps. The most important has been to authorise a rise in electricity prices to better fund infrastructure development by power generat
Also in this section
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
2 March 2026
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
