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Ministers, CBN Gov To Proffer Solutions To Nigeria’s Energy Sector Challenges

Minister of Power, Chief Adebayo Adelabu;  Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo;  Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri,  and Governor, Central Bank of Nigeria (CBN),  Mr. Olayemi Cardoso are expected to analyse Nigeria’s energy sector and proffer solutions to the challenges in the sector.

The personalities, who are scheduled to be keynote speakers, will speak at the forthcoming annual conference of the  Nigerian Association of Energy Correspondents (NAEC), according to a statement on Sunday by Chairman of NAEC, Mr. Ugo Amadi.

The event  scheduled to take place at Eko Hotel & Suites, Lagos on October 9, 2025 has its theme: “Nigeria’s Energy Future: Exploring Opportunities, Addressing Risks for Sustainable Growth.”

Amadi emphasized that the 2025 edition promises to be robust and insightful, reflecting ongoing developments in Nigeria’s energy industry amid the global push for energy transition.

He stated that other personalities expected are representatives from international energy organizations such as the International Energy Agency (IEA) and the Organisation of Petroleum Exporting Countries (OPEC), as well as Chief Executive Officers of international oil companies (IOCs), independent energy companies as well as national oil companies and other leading industry figures.

Amadi added that the conference will conclude with the release of a comprehensive report highlighting Nigeria’s energy investment landscape, policy recommendations for regulatory reforms, the establishment of a stakeholder network, and the identification of key investment opportunities.

Chairman of the 2025 Conference Planning Committee, Dr. Adeola Yusuf, on his part, stated that the conference aims to bring together stakeholders, experts, and policymakers to deliberate on the challenges and prospects within Nigeria’s energy landscape.

He noted that discussions during the conference will focus on unlocking investment, advancing sustainable growth, and driving innovation across the sector.

Yusuf explained that key topics will include an in-depth analysis of Nigeria’s energy policy and regulatory framework, the impact of the Petroleum Industry Act (PIA) on investment, and the roles of regulatory bodies such as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Electricity Regulatory Commission (NERC) in fostering investor confidence.

He said, “Another major segment of the conference will spotlight “Accessing Financing and Investment Opportunities for Gas”, with panellists expected to assess the current investment climate, infrastructure development, the role of local and international financial institutions, and innovative financing models such as Public-Private Partnerships (PPP) and crowdfunding.”

Speaking on the power-focused panel session, Yusuf revealed that discussions would centre around: “The Power Solution: Energy Infrastructure, Technology and Integration.”

He noted that the session will also explore issues such as post-privatisation finance challenges, renewable energy integration, and how technology can drive energy efficiency.

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