NNPC Board Chairman Kida Woos Global Investors As Nigeria Launches Ambitious Gas Master Plan 2026
3 min read
By Sportsgister
The Chairman of the Board of Nigerian National Petroleum Company Limited (NNPC Ltd), Engineer Ahmadu Musa Kida, has called on local and international investors to partner with Nigeria in the development of its gas resources following the official launch of the NNPC Gas Master Plan 2026.
Engineer Kida made the call at the unveiling of the Gas Master Plan at the NNPC Towers in Abuja, describing the document as a strategic framework for the structured development of Nigeria’s gas sector.
He stated that natural gas remains central to Nigeria’s economic development agenda, particularly in industrial growth, power generation, economic diversification and environmental sustainability.
According to him, the Gas Master Plan 2026 aligns with the Federal Government’s Decade of Gas initiative and provides a clear implementation pathway for achieving its objectives.
“This Gas Master Plan translates the Decade of Gas policy into a practical and executable framework,” Engineer Kida said.
Nigeria currently holds about 210 trillion cubic feet (Tcf) of proven gas reserves, with potential reserves estimated at up to 600 Tcf. The Gas Master Plan targets an increase in national gas production to 10 billion standard cubic feet per day by 2027 and 12 billion standard cubic feet per day by 2030. The Plan is also projected to attract over $60 billion in investments across the gas value chain.
Engineer Kida commended the NNPC Ltd management team, led by the Group Chief Executive Officer, Engr. Bashir Bayo Ojulari, for developing the Plan and driving its implementation.
He said the Board fully supports the strategic direction of the Gas Master Plan and aligns with the energy objectives of President Bola Ahmed Tinubu’s administration.
The NNPC Board Chairman stated that the company engaged stakeholders across the industry in developing the Plan and invited investors to participate in translating the framework into bankable projects and infrastructure.
The event was attended by key stakeholders in the oil and gas sector.
The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, described the Gas Master Plan as a move from policy formulation to execution, noting that Nigeria’s challenge has been converting its gas resources into reliable supply and economic value.
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Ojulari, described the Plan as execution-driven and aligned with the Presidential mandate on gas development.
Industry groups also expressed support. The Chairman of the Independent Petroleum Producers Group (IPPG) and Chief Executive Officer of Aradel Holdings, Mr. Adegbite Falade, said the Plan would help close the gap between policy intent and implementation.
The Chairman of the Oil Producers Trade Section (OPTS) and Managing Director of TotalEnergies Upstream Companies in Nigeria, Mr. Matthieu Bouyer, commended NNPC Ltd for developing a clear and coordinated gas development framework.
Engineer Kida concluded by calling for continued collaboration among stakeholders to ensure effective implementation of the Gas Master Plan.
The Gas Master Plan 2026 builds on the Nigerian Gas Master Plan of 2008 and aligns with the Decade of Gas Programme. It is intended to serve as the guiding framework for coordinated gas sector development and investment over the next decade.
Sedara Philip is a Sports writer, an administrator,Journalist,and editor
