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Originally published by Tech Arenatech
September 16, 2025
13h ago
The Importance of ‘Mining’ Facts and Data in Nigeria’s Oil and Gas Arena

As with all modern industries, the oil and gas sector globally is under pressure to embrace the critical convergence of IT..
✨ Key Highlights
Nigeria's oil and gas sector, a cornerstone of its economy, faces challenges despite the launch of the new Dangote Refinery. The industry is under pressure to integrate information technology (IT) and operational technology (OT) systems to boost efficiency and overcome past under-investment.
- Nigeria is Africa’s largest producer of crude oil and holds substantial natural gas reserves.
- The sector contributes over 85% of export earnings and approximately 30% of budget revenue.
- The Petroleum Industry Act of 2021 aims to restructure regulations and attract investment for growth.
- Vertiv emphasizes the importance of IT-OT convergence and offers digital infrastructure solutions, including critical power and thermal management, to support the industry's digitalization.
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