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World Bank Shifts Gas Funding Rules: What It Means for Nigeria's Energy Future

The World Bank recently announced it will support natural gas projects where appropriate following intense policy pressure from the United States government. This decision alters years of strict restr

Elkanah Oluyori
Director, Clement Isong Foundation · 17 October 2026 · 1 min read
World Bank Shifts Gas Funding Rules: What It Means for Nigeria's Energy Future

World Bank Shifts Gas Funding Rules: What It Means for Nigeria's Energy Future

The World Bank recently announced it will support natural gas projects where appropriate following intense policy pressure from the United States government. This decision alters years of strict restrictions on multilateral funding for fossil fuel infrastructure across developing nations. For Nigeria, where over 85 million people lack reliable electricity and gas flaring continues in Niger Delta communities like Ibeno, this policy shift redefines the terms of World Bank gas financing. It forces a long-overdue conversation about energy access, economic sovereignty, and climate accountability.

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Written by Elkanah Oluyori

Director, Clement Isong Foundation · Uyo, Akwa Ibom State, Nigeria

Elkanah leads Clement Isong Foundation with 16+ years of experience in green economy development, climate justice, and civic technology in Akwa Ibom State and Nigeria. He is the founder of GreenAccelerators, Nigeria's first green economy opportunity portal.

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