- Expanding domestic gas and oil production will improve energy access and industrial support.
- Clean cooking solutions and local energy supply reduce reliance on imported, polluting generators.
Seplat Energy has emphasised the urgent need for cheap, reliable energy across the country to support economic growth. The firm warned that Nigeria’s energy access is critical as the population is projected to reach 237 million by 2025 and 400 million by 2050.
Speaking at the 43rd NAPE Conference in Lagos, Chief Operating Officer Samson Ezugworie said, “We must build a prosperous Nigeria, and that requires energy that is affordable, reliable, and accessible to all.” He added that energy shortages currently affect over 70 million Nigerians, while 170 million still rely on wood or other biomass for cooking.
“Without action, today’s energy challenges will worsen as our population grows. We need to feed and house 160 million more people and create 100 million new jobs,” Ezugworie explained. He stressed that energy availability underpins national development, industrialisation, and household wellbeing.
Seplat is expanding oil and gas production to address these gaps. The company is rehabilitating wells, delivering gas from the ANOH Plant, and distributing LPG from the Sapele Plant. These initiatives, according to Ezugworie, demonstrate a commitment to transforming lives and powering Nigeria’s economic growth.
He further explained that harnessing domestic gas and NGL reserves is essential to displace polluting imported generators. Additionally, increased gas production can provide clean cooking solutions and energy for basic industries, fostering broader national growth.
Ezugworie concluded that Nigeria must manage its energy resources responsibly and collaborate with communities to strengthen the industry. Ensuring Nigeria’s energy access today is crucial to building a resilient and prosperous nation for tomorrow.