Nigeria’s efforts to reposition its energy and infrastructure sectors have received a boost, as the United States has expressed keen interest in investing in the Nigeria-Morocco Gas Pipeline (NMGP) project.
This development was disclosed by Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, following bilateral engagements at the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, DC.
The NMGP, a strategic trans-African infrastructure project, had its foundations laid in June 2022 when Nigeria’s Federal Executive Council approved an agreement with ECOWAS to support the pipeline’s construction. The project aims to transport Nigerian gas to Morocco and ultimately to Europe, enhancing energy security and regional economic integration.
Speaking alongside Nigeria’s Central Bank Governor, Olayemi Cardoso, Edun confirmed that discussions with the U.S. State Department revealed a strong American appetite for investments in Nigeria’s natural gas sector, particularly the NMGP. The talks also explored opportunities in infrastructure, including digital connectivity, where transatlantic fibre optic projects could indirectly benefit Nigeria’s growing digital economy.
Beyond energy, agriculture emerged as another priority sector. The United States expressed interest in supporting Nigeria’s efforts to increase agricultural productivity, enhance value chains, and improve food security through both investments and technical cooperation.
Further engagements during the meetings included discussions with the Gates Foundation, which committed to partnering with Nigeria to address funding gaps following the retrenchment of USAID programmes. Additionally, Makhtar Diop, CEO of the International Finance Corporation (IFC), reaffirmed the institution’s commitment to investing in Nigeria’s airport and logistics sectors, while supporting the broader “M300 initiative” aimed at strengthening Nigeria’s infrastructure backbone.
This renewed international interest, particularly from the U.S., signals growing confidence in Nigeria’s economic reforms and underscores the country’s central role in regional energy and infrastructure development.
Further Africa