The first quarter of 2025 brought a wave of activity across Nigeria’s energy sector, with developments that cut across regulation, project delivery, and market direction. In the power sector, we saw renewed efforts to address long-standing challenges in distribution, alongside ongoing investments in transmission and grid expansion. The renewable energy space continued to attract interest, particularly through mini-grid and off-grid projects backed by funding programmes and policy support aimed at closing the access gap. On the oil and gas front, gas remained a central focus. Infrastructure build-out and regulatory attention leaned heavily towards improving domestic supply and reinforcing energy security, which signals the government’s continued push for gas-led growth.
In this report, we cover key developments in the first quarter of 2025, where we unpack the major policy shifts, regulatory moves, and investment trends across the sector. The goal is to provide clarity on what’s changing, what it means for the market, and what stakeholders should be paying attention to as the year unfolds.