In a decisive move to anchor Nigeria’s energy future on stability and sustainability, insurance and energy stakeholders have called for a stronger alliance between the insurance sector and the energy industry to de-risk investments in the gas value chain.
This call came during the 2025 Oriental News Nigeria National Conference, held on July 24 at the Radisson Blu Hotel, Ikeja, Lagos. The conference, themed “Integrating Nigeria’s Gas Potentials Into Strategic Energy Transition Initiatives,” brought together policymakers, regulators, energy operators, and experts for a strategic dialogue on unlocking Nigeria’s gas wealth.
Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, underscored the urgent need to embed resilience in energy infrastructure and investment frameworks. According to him, sustainable energy transition depends not only on infrastructure and policy but also on robust insurance and risk management strategies.
“The gas future we envision must be bankable, insurable, and sustainable,” Omosehin stated. “Without risk mitigation frameworks, no investor will come—and no infrastructure will last.”
His remarks resonated with stakeholders who believe that Nigeria’s energy investments must be future-proofed to attract capital and ensure long-term viability.
Energy Access Must Prioritize People – NEMA
Beyond the technical discussions, the conference also brought the human angle into focus.
Zubaida Umar, a representative of the National Emergency Management Agency (NEMA), stressed the need for inclusive energy policies that address the needs of the underserved and energy-poor communities, particularly in rural areas.
“Energy must serve the people first,” she said. “The woman in rural Bauchi should not have to walk five kilometers to fetch firewood when Nigeria is sitting on trillions of cubic feet of gas.”
Her remarks highlighted the social justice dimension of the energy transition, calling attention to the millions who remain energy-deprived despite Nigeria’s abundant gas reserves.
Panel Reviews Pathways for Nigeria’s Energy Shift
The conference featured a panel session that examined four key sub-themes critical to Nigeria’s energy transition:
- Adapting Renewable Energy Policy and Gas Utilization in Power Generation
- Evaluating the Decade of Gas and Implementing Long-Term Strategies
- Scaling CNG and LPG Use to Reduce Transport Emissions
- Strengthening Local Content and Insurance Synergy in Oil and Gas
Each theme emphasized the importance of collective action, private-public collaboration, and long-term policy consistency to drive results.
Participants agreed that while gas presents a strategic advantage for Nigeria, its potential can only be realized if it is matched with solid institutional frameworks and people-focused policies.
From Vision to Delivery
In her closing remarks, Mrs. Ijeoma Izuora, Publisher of Oriental News Nigeria and convener of the conference, challenged industry players to move from rhetoric to tangible action.
“We’ve talked enough. Now it’s time to deliver—because the future we want won’t wait,” she said.
Izuora emphasized that the conference was not just another policy dialogue but a platform for aligning Nigeria’s energy goals with practical steps and responsible leadership.
With abundant gas resources and a growing energy demand, Nigeria stands at a pivotal moment. Experts at the 2025 Oriental News Nigeria Conference agreed that success lies in building a resilient, inclusive, and insurance-backed energy system that attracts investors and uplifts communities.
As the country looks to diversify its economy and transition to cleaner fuels, insurance will play a critical role—not just in protecting infrastructure, but in securing the future of millions who rely on it.
@2025 The Ameh News: All Rights Reserved
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