Unlocking Nigeria's Gas Potential Through Legislative Actions

At the 26^th United Nations Climate Change Conference of the Parties (COP26) held in Glasgow in November 2021, representatives of governments, businesses, and other organisations, with influence over the future of the automotive industry and road transport made commitments to accelerate the transition to zero emission vehicles. This commitment is driven by the need to achieve the goals of the Paris Agreement by 2035 in leading markets and no later than 2040 globally.

It is important to note that the commitment to transit to zero emission vehicles is just one out of several commitments by relevant stakeholders to phase out reliance on fossil fuel in the near future. However, a swift shift to zero emission and renewable energy sources appears not only radical but impracticable given the complexity of technologies and huge capital outlays associated with such a shift. Thus, a number of industry players have identified gas as the viable transition fuel given the superior