Nigeria Launches BOGA Fund Programme to Support Transition Beyond Oil

Nigeria has launched the Beyond Oil and Gas Alliance (BOGA) Fund Programme, a two-year initiative focused on examining the risks and opportunities linked to the country’s shifting energy landscape and supporting economic diversification.

The programme was unveiled in Abuja on February 12, at an event by the Nigerian Council on Climate Change (NCCC) in partnership with the Africa Policy Research Institute (APRI) and the Beyond Oil and Gas Alliance (BOGA).

Convening government officials, development partners, private-sector players and civil society groups, the initiative will provide research to guide policy decisions and produce practical recommendations tied to Nigeria’s climate commitments and Nationally Determined Contribution (NDC).

In his special remarks, the Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, noted that diversification must move alongside climate resilience and sustainable growth, stressing the need to deploy technology, skills and local capacity to expand the economy while reducing environmental risks and creating jobs.

Director-General of the National Council on Climate Change (NCCC), Omotenioye Majekodunmi, described the effort as part of Nigeria’s broader energy direction.

“Nigeria’s journey beyond oil is not a retreat from our status as an energy powerhouse, but an evolution into a green energy economy,” she stated.

“Our collaboration with BOGA reinforces our commitment to the 1.5°C pathway while prioritising a development path that is fair, funded and focused on the prosperity of our people.”

The programme will analyse transition risks, review green development options and examine effects across the oil and gas value chain, including implications for jobs, revenues and host communities.

Head of the BOGA Secretariat, Sian Bradley, noted that the initiative will support Nigeria’s early planning for a just and orderly transition while advancing decarbonisation and methane-reduction efforts.

Executive Director of the Africa Policy Research Institute (APRI), Dr Olumide Abimbola, explained:

“This initiative will help Nigeria understand what a changing global energy system means for revenues, jobs, industries and communities and the options available to respond.”

Director-General of the Society for Planet and Prosperity (SPP), Prof. Chukwumerije Okereke, added that the programme provides a practical way to manage the risks and opportunities tied to global energy shifts in a manner that considers workers and communities.

The initiative is being implemented by APRI in collaboration with SPP and coordinated by the NCCC through a cross-government working group that includes the Ministry of Petroleum Resources, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ministry of Environment and Nigerian National Petroleum Company Limited (NNPC Ltd).

The BOGA Fund Programme aligns with ongoing climate and energy efforts while supporting long-term planning for a more diversified economy..