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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Tech Initiatives Target Nigeria's Oil Sector, Kenyan Utilities, and African AgriTech Start-ups - September 2025
Nigeria's oil and gas sector is facing pressure to integrate information technology (IT) and operational technology (OT) systems to boost efficiency. In Kenya, M-PAYA Energy, a prepaid electricity submetering company, has migrated its core business systems to Servercore’s cloud infrastructure to improve scalability and operational efficiency. In parallel, applications are now open for the SAIS Investment Readiness Programme 2026. This is a fully funded and equity-free program for African Agritech start-ups, backed by GIZ, BMZ, and the Gates Foundation to help companies scale their solutions.
