April 1, 2026
NMDPRA Seeks World Bank Support To Mobilise $22 Billion For Gas Development
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NMDPRA Seeks World Bank Support To Mobilise $22 Billion For Gas Development

NMDPRA Seeks World Bank Support To Mobilise $22 Billion For Gas Development

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is seeking the support of the World Bank to mobilise about $22 billion to address Nigeria’s gas infrastructure gap. The call was made by the agency’s chief executive officer, Saidu Mohammed.

Mr Mohammed spoke at the Decade of Gas Ministerial Roundtable on Regional Gas Development, held in partnership with the World Bank. He said the first phase of the initiative focused on identifying key areas needed to unlock Nigeria’s gas potential, including supply, demand, infrastructure, and pricing.

He explained that the next phase will focus on execution, with targets such as increased gas production, higher investment inflows, expanded pipeline networks, and new processing facilities. He added that attention is now shifting toward extending the initiative’s impact across Africa.

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He also outlined key regional gas supply corridors and stressed the need for stronger collaboration among African countries. He said aligned regulations, reliable demand data, and sustained funding will be critical to achieving long-term gas development goals across the continent.

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