The managing director (MD) of NIPCO Gas Ltd ,Nagendra Verma, has confirmed that the laying of gas pipeline in the Ibadan Gas Distribution Project has reached 80 per cent complete despite challenges that has limited the implementation speed.
Verma, confirmed the development to the media in Lagos on Friday, saying the company is committed to boost the country’s energy security and clean energy adoption.
He said the country’s energy sector is undergoing significant transformation under the framework of the Petroleum Industry Act (PIA), which has introduced improved regulatory clarity, strengthened governance structure and enhanced investor confidence across the oil and gas value chain.
According to him, the company’s commitment is supported by federal government’s renewed emphasis on domestic gas utilisation, affordability of energy, and economic diversification which has further positioned natural gas as a critical transition fuel for sustainable development.
Verma, while giving update on the project, said that pursuant to the mandate granted by the Nigerian National Petroleum Company Limited (NNPCL), NIPCO Gas Limited in partnership the NNPC Gas Marketing Limited (NGML) is currently constructing an 18-inch, 80 kilometres natural gas pipeline from Sagamu to Ibadan.
The project is scheduled for completion by June/July 2026 and is expected to significantly improve gas availability to industries and commercial consumers in Ogun and Oyo State and adjoining states.
This critical infrastructure he said will enhance manufacturing competitiveness, reduce production costs for industries currently dependent on alternative fuels, and stimulate regional economic growth.
Given its strategic importance to South West industrialisation and national energy security, NIPCO gas he said is seeking the continued cooperation and support of relevant federal and state governments to ensure timely and seamless project execution.
Verma, also spoke on the Abeokuta Gas Distribution Expansion project.
He said in furtherance of deepening gas penetration in the South West region, the company in partnership with NGML, is developing the gas project from Sagamu to Abeokuta in Ogun State.
The initiative is expected to accelerate indstrial growth within the state, attract new manufacturing opportunities, improve energy reliability for existing businesses and strengthen internally generated revenue.
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