Nigeria Records Rise In Gas Output As Production Hits 7.63bn SCF Daily
Nigeria’s gross gas production has risen to 7.63 billion standard cubic feet per day from about 6.83 billion in 2023, the Presidency has said.
Special Adviser to the President on Oil and Gas, Olu Verheijen, disclosed the figure at the Nigerian-British Chamber of Commerce Energy Day 2026 in Lagos. Punch and Vanguard reported that a text of her presentation was made available by the News Agency of Nigeria on Tuesday.
Verheijen said the nation’s proven reserves now stand at over 215 trillion cubic feet of gas. She attributed the increase to targeted presidential directives which improved the environment for deep-water, non-associated gas and midstream infrastructure.
She said over $4 billion in international oil company divestments were refocused on deep-water and integrated gas. Contracting that once took 36 months now takes around 14 months, with the government driving toward a target of six months.
Verheijen said Nigeria’s share of African upstream final investment decisions rose from about 4 per cent in 2023 to roughly 40 per cent across 2024 and 2025. With that development, about $10 billion was committed with a visible pipeline of some $500 billion ahead.
The figures are government claims and should be read as part of the Tinubu administration’s energy-sector scorecard.
Sources: Punch, Vanguard
Written by
Amina Garba
Financial reporter covering CBN policy, oil and gas, government budgets, and macroeconomic trends. Business Writer at NaijaTrend.
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