Business
Gas Master Plan: NNPC To Boost Supply by 1.8bcf/d in 2026
The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed plans to supply an additional 1.8 billion cubic feet of gas per day (bcf/d) in 2026 to meet rising demand in the domestic market.
The company, which made this known at a media briefing with the Nigeria Guild of Editors in Abuja, stated that its subsidiaries, NNPC Upstream Investment Management Services (NUIMS) and Nigerian Exploration and Production Limited (NEPL), are expected to produce additional volumes of 1.496bcf/d and 223.6 million standard cubic feet per day (mmscfd) respectively this year.
According to the company’s Gas Master Plan 2026 document made available at the event by the NNPC Corporate Communication Team Lead, Andy Odeh , the initiative would serve as a major contributor to Nigeria’s target of supplying 10bcf/d by 2027 and 12bcf/d by 2030.
NNPC noted that with rising demand across key sectors such as Liquefied Natural Gas (LNG), power generation, industrial parks and compressed natural gas (CNG), the master plan serves as a blueprint for achieving the Federal Government’s gas development objectives.
In his presentation, the Group Chief Executive Officer of NNPCL, Engr. Bayo Ojulari, said that the gas plan sets out a commercially driven, execution-focused roadmap to transform Nigeria into a globally competitive gas hub.
“The plan is built to deliver the presidential mandate of increasing national production to 20bcf/d by 2027 and 12bcf/d by 2030, while catalysing over $60 billion in new investments across the oil and gas value chain by 2030,” he said.
To achieve the GMP’s goals, NNPC identified key success factors and enablers that must be in place.
These include: sustained global and domestic gas demand; a strong implementation governance structure to ensure consistent delivery; partner alignment to secure adequate buy-in; funding supported by the bankability of gas projects; competitive fiscal and commercial incentives to attract investments, particularly in deepwater gas development; and the resolution of power sector challenges to improve the attractiveness of the gas-to-power value chain.
The company added, “To ensure robust and transparent execution, a dedicated governance framework has been proposed for the NNPC Corporate Master Plan (CMP). Leadership will rest with the Head of the GMP Implementation Assurance Team (IAT), supported by managers responsible for cluster oversight across gas assets. This structure will ensure direct engagement with operators, centralised tracking of project progress, and streamlined coordination with Executive Vice Presidents and sponsor groups.
“The governance model incorporates specialist teams covering subsurface, facilities, planning, commercial strategy, legal, and communications, ensuring a multidisciplinary approach to implementation. This framework is essential for driving cross-functional alignment, accelerating decision-making, and maintaining the momentum required to deliver the CMP’s outcomes.”
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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
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