China Joins Forces with Nigeria to Power $20 Billion Ogidigben Gas Project

By Achimi Muktar

In a move set to redefine Nigeria’s energy sector, the China National Chemical Engineering International Corporation Ltd (CNCEC) has pledged its support for the $20 billion Ogidigben Gas Project in Delta State. This landmark commitment underscores the deepening economic partnership between Nigeria and China.

Li Zhenyi, President of CNCEC, confirmed the company’s readiness to fund and collaborate on the project during a high-level meeting with the Nigeria-China Strategic Partnership (NCSP) delegation in Beijing. Led by Joseph Tegbe, the delegation’s visit aligns with the Forum on China-Africa Cooperation (FOCAC) framework, aimed at fostering infrastructure development and investment across Africa.

“Our company is devoted to contributing to Nigeria’s industrialization and economic growth,” Zhenyi stated, reaffirming CNCEC’s commitment to supporting President Bola Tinubu’s vision for Nigeria’s economic transformation.

Revitalizing Nigeria’s Energy Sector

The Ogidigben Gas Project, one of Nigeria’s largest energy initiatives, is projected to significantly enhance the nation’s role in global energy markets. It promises to create thousands of jobs, stimulate economic diversification, and address Nigeria’s energy deficit.

The NCSP delegation’s mission to China has focused on securing innovative funding mechanisms and accelerating priority development initiatives. Key engagements included meetings with financial giants such as China Exim Bank and China Development Bank to explore financing solutions for Nigeria’s infrastructure projects.

Strengthening Strategic Partnerships

During their tour, the delegation visited prominent Chinese firms, including China Communications Construction Company (CCCC), a global infrastructure leader. They also engaged with TBEA, a company specializing in power transmission solutions, discussing opportunities to introduce mini and micro-grid systems to combat Nigeria’s chronic energy challenges.

In Shanghai, the team toured the Yangshan Deep-Water Port—the world’s largest port facility, constructed by China Harbor Engineering Company. The firm, instrumental in developing Nigeria’s Lekki Deep Sea Port, continues to demonstrate its expertise in infrastructure innovation.

Expert Insights and Policy Frameworks

The delegation also consulted with renowned economist and former World Bank director Prof. Justin Yifu, who emphasized the importance of policy reforms to attract Chinese investments. Prof. Yifu pledged support for NCSP’s efforts in building a sustainable framework for economic cooperation.

High-level dialogues with economic leaders in Shenzhen and Guangzhou are planned before the delegation concludes its tour, focusing on expediting FOCAC projects and bolstering Nigeria’s development agenda.

A New Era for Nigeria-China Relations

The Ogidigben Gas Project symbolizes a significant step in Nigeria’s journey toward energy independence and economic prosperity. Backed by CNCEC and other Chinese stakeholders, the project is expected to position Nigeria as a key player in the global energy market while driving industrialization and innovation.

As both nations deepen their ties, this partnership not only highlights China’s growing influence in Africa but also underscores Nigeria’s commitment to leveraging global alliances for sustainable development.