Ronald Adams, Managing Director of Shell Nigeria Exploration and Production Company and Chairman of Shell’s impact investment arm, All On, has described Nigeria’s chronic energy shortfall as a $200 billion investment opportunity. Speaking at the 2025 Lagos Chamber of Commerce and Industry International Business Conference, Adams said more than 80 million Nigerians still lack access to reliable electricity, with far-reaching consequences for productivity, health, and education.
He highlighted the role of off-grid solutions such as mini-grids, solar home systems, and clean cooking technologies, as critical to closing this gap. According to Adams, All On, established by Shell in 2016, has already invested over $40 million across 50 companies, delivering clean energy access to 1.2 million people in 190 underserved communities. He urged bolder public-private partnerships across multiple sectors such as energy, agriculture, digital, infrastructure, and finance.
With platforms like Investopedia promoting subnational investment prospects, Adams encouraged local and foreign investors to harness this moment to drive inclusive and sustainable energy access.
