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The Democrat News > Blog > Uncategorized > Data-driven policy boosts Nigeria’s oil & gas investment.
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Data-driven policy boosts Nigeria’s oil & gas investment.

Esther Udoh
Last updated: March 13, 2025 5:00 pm
Esther Udoh
Published March 13, 2025
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Nigeria is pushing for data-driven policies to boost oil and gas investments while safeguarding the environment. Speaking at CERAWeek in Houston, Special Adviser Olu Verheijen highlighted how data analytics can refine fiscal frameworks and informed decision-making, supporting climate-resilient policies that ensure Africa remains a minor contributor to global emissions.

The presidential aide reaffirmed Nigeria’s commitment to an enabling environment for hydrocarbon investments to tackle energy poverty, noting that Africa isn’t a net contributor to global emissions.

Speaking at a session chaired by Vera Blei and featuring speakers like Scott Tinker and Sunita Narain, he highlighted Nigeria’s advocacy for a just energy transition. Under its “Decade of Gas” initiative, Nigeria is using natural gas as a transition fuel to drive economic growth while lowering carbon emissions.Govt reaffirms enabling hydrocarbon investments, stressing Africa’s low emissions.

At a session with key speakers, Nigeria champions a just energy transition and its “Decade of Gas” to drive growth and cut carbon.

Verheijen noted that Africa and low-income countries contribute only 3–4% of global emissions—much less than China’s 30% and the US’s 13%. She stressed Nigeria’s commitment to transparent, stable climate policies, regional integration, and better data for sustainable development.Even with growth, Africa’s emissions stay low; developed nations must lead cuts.

A balanced approach can drive prosperity and sustainability, with Nigeria and Africa investing to bridge energy poverty and enable a sustainable energy transition.

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