Should Nigeria Prioritise the ECOWAS Gas Pipeline and Other Long-Term Infrastructure?
I do not understand why some Obidient supporters are opposing the ECOWAS gas pipeline project. In my view, the project could strengthen Nigeria’s economy and support participating West African countries through increased gas supply and energy production. It could also create more foreign-exchange earnings, expand gas-field development, generate jobs and encourage investment in industries such as fertiliser production. Countries that rely on electricity imports could potentially use Nigerian gas to develop more of their own generation capacity. I also believe long-term infrastructure projects, including the coastal road, should be assessed beyond their immediate cost. Nigeria needs investments that expand production, industry and trade rather than policies focused mainly on imports and short-term currency support. While people may disagree on the best economic approach, the debate should focus on the project’s costs, financing, expected returns and benefits to Nigerians.
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