Nigeria’s Special Advisor to President Bola Tinubu on Energy, Olu Verheijen, has been confirmed as a speaker at the upcoming 2025 edition of African Energy Week (AEW): Invest in African Energies. The event is scheduled to take place from September 29 to October 3 in Cape Town, showcasing Nigeria’s significant contributions to the continent’s energy landscape.
Verheijen’s participation at AEW 2025 highlights Nigeria’s achievements in refining capacity, oil production, and electrification. The country has recently secured major investments and milestones in the energy sector, including Final Investment Decisions (FIDs) worth over $5.5 billion and the commencement of petroleum production at Africa’s largest refinery, the Dangote Refinery.
With a focus on energy reforms, capacity growth, and regional energy security, Verheijen is expected to discuss Nigeria’s role in driving industrial transformation and sustainable development across Africa.
Investment Opportunities in Nigeria’s Energy Sector
As one of Africa’s leading oil and gas producers, Nigeria continues to attract significant investments in its hydrocarbon industry. ExxonMobil’s recent announcement of a $1.5 billion investment in the Usan deepwater oilfield aligns with Nigeria’s production targets and regulatory initiatives, demonstrating the country’s commitment to growth and development.
In 2024, Nigeria’s energy sector received $6.7 billion in investments, with a focus on oil and gas asset acquisitions, clean energy programs, and infrastructure projects. Strategic partnerships and reforms have enabled the country to position itself as a key player in Africa’s energy transition and industrial growth.
Infrastructure Development and International Collaboration
In the downstream sector, Nigeria has embarked on ambitious projects such as the Nigeria-Morocco gas pipeline, backed by international financiers and strategic partnerships. The pipeline aims to transport natural gas to Europe, showcasing Nigeria’s commitment to regional energy cooperation and infrastructure development.
With a vision to unlock billions in oil and gas investments by 2029, Nigeria’s energy sector is poised for expansion and increased exports, driving economic growth and job creation in the region.
Collaboration for a Sustainable Future
Tomás C. Gerbasio, Strategy and Business Development Director of the African Energy Chamber, emphasizes Nigeria’s leadership in regional energy cooperation and its pivotal role in Africa’s energy future. The country’s achievements and collaborative efforts inspire confidence in the continent’s energy security and industrialization goals.
Stay updated on the latest developments in Africa’s energy sector by visiting www.AECWeek.com and join the conversation at AEW: Invest in African Energies 2025.
Distributed by APO Group on behalf of African Energy Chamber.
