Nigeria LNG 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.

Nnamdi Anowi, general manager, production, NLNG, disclosed this while speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference on Thursday in Lagos.

Mr Anowi warned that when oil and gas projects are perceived as high-risk, capital retreats, leaving behind stalled developments, job losses, and vital revenues forfeited to national progress.

Addressing a panel session titled ‘De-Risking Investments in African Oil and Gas Projects’, Mr 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.

Mr Anowi explained that for NLNG, de-risking translates into operational reliability and contractual discipline.

He added that the company also maintains a steady gas supply, honours long-term agreements, and maintains a reputation as a dependable supplier to both domestic and international markets, which is 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 stated 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 were essential foundations.

These measures, he said, lower financing costs by providing banks and investors with the assurance they need.

Beyond policy, Mr Anowi highlighted the importance of strong infrastructure, skilled local manpower, and modern technology in minimising operational vulnerabilities.

He added that collaborative efforts between government and industry to systematically reduce risk would attract sustained investment flows into Nigeria’s energy sector.

He maintained that Nigeria and Africa remained attractive investment destinations when risks were anticipated and carefully managed rather than ignored.

(NAN)