Audrey Joe-Ezigbo, the Managing Director of Optimera Energy, believes that Nigeria’s industries can grow faster by using natural gas as a main energy source. She says that unreliable electricity is a big problem for businesses, making it hard for them to be productive and competitive.
“Our power sector needs huge investments to meet the rising demand for electricity. But beyond that, businesses should look into alternative energy sources that are both sustainable and affordable. Natural gas is the clear choice,” Joe-Ezigbo explained.
Optimera Energy, a group of top energy companies, is working to fill the energy gap by providing clean and cost-effective natural gas solutions to industries and communities. They have invested over $30 million in gas infrastructure and plan to open their City Gate Station by the second quarter of 2025, playing a key role in Nigeria’s move towards cleaner energy.
“Nigeria’s energy sector is changing. The government’s focus on energy security, along with the Decade of Gas initiative, is creating a good environment for businesses to grow. But to fully benefit, companies need to rethink their energy plans,” she added.
Joe-Ezigbo pointed out that natural gas is cleaner than traditional fuels and more reliable than the current power supply. “For industries, this means lower running costs, less pollution, and continuous production. It’s a win-win,” she said.
However, she noted that switching to natural gas requires more than just a change in thinking. Building the right infrastructure is essential. “The lack of proper gas distribution systems has been a major hurdle. But this is improving. With the Petroleum Industry Act in place, we’re seeing more investments in gas pipelines, processing plants, and distribution networks. Businesses should get ready to take advantage of these developments,” Joe-Ezigbo advised.
She also emphasized the importance of working together to make this shift happen. “No single organization can solve Nigeria’s energy problems alone. Partnerships between the government and private companies are vital. Businesses should look for collaborations that offer access to reliable gas supplies and distribution networks,” she concluded.
This focus on natural gas aligns with recent efforts to boost Nigeria’s industrial growth. For example, the Nigerian National Petroleum Corporation (NNPC) signed a 10-year deal to supply 100 million standard cubic feet of gas daily to the Dangote Refinery. This agreement aims to support power generation and provide essential materials for the refinery, highlighting the importance of natural gas in Nigeria’s industrial future.