Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
Nigeria’s gas reserves rose from 208.83 trillion cubic feet (TCF) in 2023 to 215.29 TCF as of January 2026 under President Bola Tinubu’s administration.
The Decade of Gas, in collaboration with the Presidential Initiative on Compressed Natural Gas CNG and Electric Vehicles (PI-CNG & EV), made this known in Kano at a media parlay.
Average gas production rose from 6.86 to about 7.5 billion cubic feet per day (BCF/D), with domestic gas supply exceeding two (BCF/D).
Mr Taofeek Balogun, the Workstream Lead for Infrastructure and Demand at the Decade of Gas, stated this while highlighting significant achievements recorded under Tinubu and the leadership of the Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo.
Balogun said 3.5 billion dollars was committed to investments across four major gas projects.
According to him, the OB3 Gas Pipeline is about 100 per cent complete, while the AKK Gas Pipeline is about 95 per cent complete. He said the government has so far spent about ₦ 671 billion on infrastructure, attracting ₦1.6 trillion in private investment.
On cleaner cooking gas, Balogun said the LPG programme targeted five million households by 2030 and was inaugurated in Bayelsa and Akwa Ibom.
He also said Nigeria is targeting September 2028 to transition to a Willing Buyer, Willing Seller (WBWS) gas market framework aimed at strengthening market competitiveness, transparency, and commercial sustainability.
The Chief Operating Officer of PICNG & EV, Mr Tosin Coker, while presenting on CNG and autogas, highlighted natural gas’s role in reducing transportation costs, improving energy security, and supporting Nigeria’s transition to cleaner mobility.
He also addressed public concerns about CNG safety, emphasising the importance of certified conversion centres, approved equipment, regulatory compliance and proper vehicle maintenance.
On public transportation, he said 670 CNG buses have been deployed nationwide so far, including 285 operating commercially across 13 states, while 302 have been allocated to transport unions, students and government agencies.
The National Affordable CNG Transition Programme (NACTP), NG bus routes had recorded fare reductions of between 15 and 50 per cent.
He added that plans are underway for 127 additional CNG refuelling stations across 31 states, including the FCT, to expand accessibility and accelerate nationwide adoption.
He said Kano State was identified as a strategic hub for clean mobility development in Northern Nigeria. “It is currently leading the North West with seven operational CNG refuelling stations, while 17 additional stations are under various stages of completion,” he said
Speaking on behalf of participating journalists, Mr Murtala Adewale, commended the Decade of Gas Secretariat and PI-CNG & EV for organising the programme. .
He described the engagement as highly educative, informative and beneficial to media practitioners.
Adewale called for more frequent capacity-building sessions, increased journalist participation in subsequent engagements, and stronger collaboration with relevant industry stakeholders and regulatory agencies.
According to him, it will go a long way in in assisting to deepen media understanding and promoting accurate reportage on developments within Nigeria’s gas sector Nigeria Rules Out Return to Fuel Subsidy, Multiple Exchange Rates
