Nigeria Loses $1.5 Billion to Gas Flaring, Ranks 7th Globally, Says German Envoy

THISDAY Jul 9, 2026 · 04:48 WAT

The German Ambassador to Nigeria disclosed that the country lost an estimated $1.5 billion to gas flaring in 2024. This loss resulted from burning 5.3 billion cubic meters of gas, ranking Nigeria seventh globally in flaring volume.

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