Nigeria’s oil and gas industry is confronting an estimated annual financing gap of $25 billion, a shortfall that industry stakeholders say threatens to stifle production growth and infrastructure development.
The warning emerged during the second edition of the ALDG Business Forum, held recently at the Petroleum Technology Development Fund (PTDF) Building in Abuja.
Participants emphasized that closing this gap requires deeper collaboration across the value chain and a more predictable regulatory environment.
Without sustained private sector investment, the sector risks falling further behind its potential, particularly as global energy demand remains robust and geopolitical tensions elsewhere keep prices volatile.
The call for policy consistency reflects broader frustrations among investors who have faced regulatory uncertainty in recent years.
Stakeholders argued that long-term stability is essential to attract the capital needed for upstream exploration, midstream infrastructure, and downstream refining capacity.