Bridging Nigeria’s Energy Gap Requires Bold Investments – All On

All On, a Shell-funded impact investment company, has renewed its call for stronger private sector investments in Nigeria’s renewable energy sector to close the nation’s wide energy access gap.

Speaking at the 2025 Lagos Chamber of Commerce and Industry (LCCI) International Business Conference & Expo, held at Eko Hotels and Suites, Victoria Island, Lagos, Ronald Adams, chairman of All On and managing director of Shell Nigeria Exploration and Production Company (SNEPCo), stressed the urgency of action.

Delivering a keynote address titled “Investment Opportunities in Nigeria: A Renewable Energy Perspective”, Adams said: “The opportunity in Nigeria is real. The needs are urgent. And the ecosystem is vibrant. Now is the time to invest, not just in businesses, but in Nigeria’s future—an inclusive, sustainable, and resilient future.”

Adams outlined All On’s achievements since its establishment in 2016, including over 50 direct investments, more than $40 million committed, and clean energy access extended to over 1.2 million Nigerians in 190 underserved communities. He also highlighted transformative initiatives such as the Demand Aggregation for Renewable Technology (DART) and the DARES programmes, which are reshaping the country’s energy landscape.

The conference convened global business leaders, diplomats, and policymakers to explore opportunities across diverse sectors. Notable participants included Dr. Olufemi Ogunyemi, MD of the Nigeria Export Processing Zones Authority; Christian Mulamula, Principal Country Officer, IFC Nigeria; Dr. Christian Ebeke, IMF Resident Representative; Dr. Awele V. Elumelu, OFR, Chairperson, Avon Medical Practice; as well as ambassadors from Rwanda, Japan, Ireland, Gambia, Tanzania, and Germany.

The two-day event featured country-to-country business sessions, regulatory panels, and private luncheons with diplomats and government officials, reinforcing Nigeria’s position as a strategic gateway for investment into Africa.

All On reaffirmed its commitment to advancing clean energy solutions and building partnerships that foster inclusive and sustainable growth in Nigeria.