- Safiu Kehinde
The Federal Government has reaffirmed its commitment to the gas-to-power initiative .
Launched in 2021, the initiative was reportedly aimed at transforming Nigeria into a gas-powered economy by 2030 through a series of policy reforms, infrastructure development, and investment attraction strategies.
The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari, gave the reassurance of the FG’s commitment to the initiative on Thursday at the groundbreaking ceremony of the five mini-Liquefied Natural Gas (LNG) Plants in Ajaokuta, Kogi.
According to the NNPCL Boss, the projects play a critical role in promoting economic growth and contributing to the nation’s Gross Domestic Product (GDP), while creating opportunities for gas commercialisation and supporting the Federal Government’s flare down initiatives.
Kyari said that the Mini LNG facilities would ensure the efficient transportation of gas over long distances, providing a cleaner and cheaper source of energy to households,mobility, industries, and businesses.
“This is particularly important for regions that currently lack access to gas pipeline infrastructure.
“The company’s strides in the upstream and gas infrastructure projects were sequel to the unwavering support of President Bola Tinubu in utilizing gas resources to fuel industrialization, achieve energy security and foster economic growth and development.” He said.
Earlier, Gov. Ahmed Ododo of Kogi, thanked the federal government for locating the five Mini-LNG plants in the state.
Ododo described the decision as a step in the right direction in Nigeria’s march towards attaining energy security and economic growth.
“I wish to commend our President, Mr Bola Tinubu, NNPC Ltd and its partners,for finding Ajaokuta and Kogi state worthy of gas investments.
“It is our belief that the plants will unlock ample opportunities in investment, including direct and indirect employment for the state’s teaming population, hence our total support, ” Ododo said.