Connect with us
Advertise With Us


New Gas Plants To Drive Nigeria’s Industrialisation – Baru



The group managing director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the Corporation is driving a number of initiatives towards converting the nation’s abundant natural gas resources to serve as launching pad for its industrialisation.
Dr. Baru, who disclosed this on the sidelines of the ongoing 27th World Gas Conference (WGC) taking place in Washington, United States, said NNPC was driving a number of initiatives including putting the required infrastructure in place as well as ensuring that new power plants are built.

A statement issued by the Corporation’s spokesman, Ndu Ughamadu, made available to LEADERSHIP yesterday, quoted the GMD as saying, “We are keen on using some of the new projects like the 614km Ajaokuta-Kaduna-Kano Gas Pipeline Project to open up not only the gas corridor but also ensure that power plants that are built can inject stability into the national grid.”
Baru stated that as part of the new gas development initiatives, investors were expected to come in and establish fertilizer and petrochemical plants.
“On our part, we are keen on ensuring the sanctity of all our contracts. This, surely, will ultimately kick-start our industrial development,” he added.
On his part the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, who was represented by the Permanent Secretary in the Ministry of Petroleum Resources, Dr. Folashade Yemi-Esan, said it was imperative for Nigeria to market its enormous gas resources at the global level.
The minister noted that ideas, experience and lessons learnt from other countries at the conference would spur Nigeria to dismantle all obstacles which, over the years, have been slowing down the nation’s gas-to-power aspirations and industrialisation.

Other critical industry stakeholders at the Nigerian Pavilion include the chairman, Senate Committee on Gas, Senator Bassey Albert Akpan who lauded the Baru for his support towards ensuring Nigeria’s successful outing at the conference.
He said as legislators, the National Assembly is currently working on the fiscals and the administration aspects of the Petroleum Industry Bill (PIB), having already passed the Petroleum Industry Governance Bill (PIGB) which he said was awaiting Mr. President’s assent.
Chairman House Committee on Gas, Hon. Fredrick Agbedi, stated that the Senate and the House of Representatives were working together to ensure that in the next few weeks, the PIB becomes a law so that Nigerians will derive the maximum benefits, in especially, the Gas Sector.



NEWS4 hours ago

Assent To Forensic Investigators Bill, Reps Task PMB

A member of the House of Representatives, Hon. Uzoma Nkem-Abonta has urged President Muhammadu Buhari to sign the Chartered Institute...

POLITICS4 hours ago

I Am Not Bitter Over My Brother’s Loss At Supreme Court, Says Adeleke

The President and founder of Adeleke University, Ede, Dr. Deji Adeleke has said that he was not embittered by the...

NEWS4 hours ago

Edojobs, Mainone Partner On Data Science, AI Training For 100 Edo Youths

The Edo State Skills Development Agency (EdoJobs) has partnered with MainOne, West Africa’s leading connectivity and data center provider, to...

Peoples Democratic Party PDP logo Peoples Democratic Party PDP logo
NEWS4 hours ago

PDP Raises Alarm Over Alleged Missing $1bn ECA Security Fund

***Demands Immediate Public Explanation From PMB The Peoples Democratic Party (PDP) has described as shocking the confession by the National...

NEWS4 hours ago

Rivers Govt Moves To Eliminate Sea Piracy

The Rivers State government has declared that it is taking necessary steps towards eliminating sea piracy and other terror attacks...

NEWS5 hours ago

World Bank Engages SMEs In Edo, Declares Support For Obaseki’s Blueprint

A Senior Economist with the World Bank, Gloria Joseph-Raji, has said the Bank is committed to supporting Governor Godwin Obaseki’s...

NEWS5 hours ago

Confab Report: GEJ Has No Moral Right To Canvass Implementation

A civil society group, Civil Society Legislative Advocacy Centre, CISLAC has taken a swipe on the former president, Good luck...



%d bloggers like this: