The Federal Government of Nigeria has taken steps to advance discussions on a $20 billion gas pipeline project linking Nigeria to Europe.

Officials said the talks aim to secure investments and technical partnerships to enhance gas export capacity from Nigeria to meet growing European demand.

The pipeline project is expected to bolster energy security, create jobs, and strengthen trade relations between Nigeria and European countries.

Negotiations are ongoing with potential investors and international stakeholders to finalize agreements on financing, construction, and operational management.

Experts believe the project could significantly boost Nigeria’s economy while providing a reliable energy supply for Europe, especially amid global energy challenges.

The government reaffirmed its commitment to ensuring regulatory support and facilitating smooth execution of the pipeline initiative.