The article explores the evolving landscape of hydrogen utilization globally, focusing on the projected increase in demand and its significant role in various industries such as oil refining, ammonia, methanol production, and metallurgy. Despite facing criticisms regarding safety and efficiency concerns in residential heating and transportation, hydrogen is acknowledged for its potential in decarbonizing industries and serving as an alternative fuel in large-capacity transportation. Nigeria, as a leader in natural gas reserves, is positioned to play a key role in the development of the hydrogen market, emphasizing low-carbon solutions. Advanced technologies like dense metallic membranes, specifically palladium alloys, are highlighted for their critical role in hydrogen purification, storage, and transportation. The article also emphasizes the importance of creating a competitive hydrogen market in Nigeria through the development of a comprehensive strategy, technological infrastructure, global standards implementation, and fostering human resources and innovations balancing economic efficiency and environmental considerations.