Domestic gas sales jump 30% in three years on PIA reforms, law firm says
By Aboki Forex —
Nigeria's domestic gas market saw a sharp rise in sales between January 2022 and January 2025, climbing by about 30 percent. A legal analysis by Tope Adebayo LP credits the Petroleum Industry Act 2021 and recent executive orders by President Bola Tinubu for the boost.
The Lagos-based law firm said the reforms have brought clearer regulations, better fiscal terms, and stronger investor confidence across the gas value chain. But it warned that infrastructure gaps and implementation problems still hold back faster growth.
Nigeria holds over 206 trillion cubic feet of proven gas reserves. For years, the country struggled to turn that resource into domestic energy supply due to underinvestment, weak infrastructure, and gas flaring.
Data from the report shows domestic gas sales rose from 49.3 billion standard cubic feet (bscf) in January 2022 to 64.2 bscf in January 2025.
The report, titled 'From Policy to Practice: Legal and Regulatory Drivers of Nigeria's Domestic Gas Market', called the PIA a turning point. It said the law has given the sector a stronger foundation through regulatory clarity, pricing liberalisation, infrastructure support, and better investment incentives.