Nigeria LNG Ltd. (NLNG) says rebuilding investor confidence through a stable, low-risk operating environment is essential to attract new capital, stimulate economic growth and strengthen Nigeria’s long-term energy security.
Mr Nnamdi Anowi, General Manager, Production, NLNG, disclosed this while speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) on Thursday in Lagos.
Anowi, warned that when oil and gas projects were perceived as high-risk, capital retreats, leaving behind stalled developments, job losses, and forfeited revenues vital to national progress.
Addressing a panel session titled “De-Risking Investments in African Oil and Gas Projects”, Anowi stressed that reducing risk in the sector was far more than a corporate strategy.
“It is a matter of national importance. “It affects Nigeria’s economy, energy security, and long-term development.”he said.
Anowi explained that for NLNG, de-risking translates into operational reliability and contractual discipline.
He added that the company also keeps gas supply steady, honouring long-term agreements and maintaining a reputation as a dependable supplier to both domestic and international markets, central to sustaining investor trust.
“When our projects are well planned and well managed, investors have confidence, operations remain stable, and NLNG continues to contribute meaningfully to Nigeria’s economy,” he noted.
He emphasised that effective risk management begins long before construction starts.
The general manager said that clear and consistent government policies, enforceable contracts, and thorough project preparation before capital was committed and essential foundations.
These measures, he said, lower financing costs by giving banks and investors the assurance they require.
Beyond policy, Anowi highlighted the importance of strong infrastructure, skilled local manpower, and modern technology in minimising operational vulnerabilities.
“Efficient pipelines, reliable processing facilities, and robust digital systems make projects safer, more cost-effective, and dependable over time,” he said.
He added that collaborative efforts between government and industry to systematically reduce risk would attract sustained investment flows into Nigeria’s energy sector.
“If we reduce risk the right way and work together, investment will come.
“The next decade must focus on expanding proven, bankable projects that deliver real value to the country,” Anowi said.
He maintained that Nigeria and Africa remained attractive investment destinations when risks were anticipated and carefully managed rather than ignored.
“For Nigeria to harness its vast energy resources and secure long-term growth, building a predictable, low-risk operating environment is not optional, it is imperative.
