Between promise and delivery

Nigeria's energy reforms reclaim inactive oil blocks and curb pipeline theft, boosting investment, production, and government revenue.

Nigeria’s government is advancing energy sector reforms to attract foreign investment and strengthen energy security. Plans to reclaim over 220 inactive oil blocks aim to unlock 3.5 billion barrels of reserves, valued at over ₦341 trillion, converting idle assets into economic value. In parallel, Seplat is boosting domestic LPG supply by redirecting gas from a formerly export-focused asset, supporting cleaner household energy. The Nigerian National Petroleum Company (NNPC) reports a near-elimination of pipeline theft, following enhanced security and stakeholder collaboration. This success has improved oil production and led to a 98% rise in remittances to the federal government in six months—bolstering fiscal stability and investor confidence in Nigeria’s energy landscape.