Edo: Oredo gas plant will boost SMEs: NNPC boss

Mele Kyari, the Group Managing Director, Nigeria National Petroleum Corporation (NNPC) says the new Oredo Integrated Gas Handling Facility (IGHF) will boost the establishment of Small and Medium Enterprises (SMEs) through improved power supply to the immediate environment.
Mr. Kyari spoke on Tuesday in Oredo, Edo, during the inauguration of the 200-million cubic litre capacity IGHF/Petroleum Development Company (NPDC) by President Muhammadu Buhari in Ologbo community.
He said the gas plant would also provide social amenities to the immediate host community and enhance the quality of livelihood of the people.
“The conception and delivery of this project hinges principally on NNPC’s commitment to support national aspirations for increased domestic gas utilisation.
“It will enhance LPG utilisation among Nigerian households to support energy efficiency and curtail environmental degradation.
“This facility is constructed on two two plots – the Process/Cryogenic plant and the LPG/Propane Storage and Dispensing Plant.
“The facility is equipped with eight dispensing arms and storage capacities of 2,600 and 1,550 metric tons of LPG and propane respectively,” he said.
According to him, the key enablers for the realisation of this project are substantially anchored on the president’s strategic vision that set the growth of the gas sector as one of its cardinal priorities to help harness Nigeria’s abundant natural gas.
In his remarks, Timipre Sylva, junior petroleum resources minister, said inaugurating Oredo IGHF plant at the close of year told a lot on his determination to deliver on his promises in the face of challenges posed by the COVID-19 pandemic.
Mr. Sylva noted that the accomplishment of the project highlighted the commitment of the NNPC in eliminating gas flare
“Nigeria has made unprecedented strides in the area of gas infrastructure development that will facilitate exploitation and monetisation of Nigeria’s massive gas resources for national development.
“Beyond the swathe of social amenities and employment opportunities, the project will offer broad vistas for business development among the host communities,” Mr. Sylva said
According to the Minister, NNPC and its affiliates are clearly providing leadership in the industry by championing the hopes and aspirations of the Nigerian government towards aggressive gas sector investments.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Showbiz
Ayra Starr becomes first African artiste to headline NFL halftime show
Nigerian afrobeats star Oyinkansola Aderibigbe, aka Ayra Starr, has become the first African artist to headline a National Football League (NFL) halftime show.

Africa
AU mourns 139 migrants killed in Yemen-bound boat mishap
The African Union Commission has expressed sadness over the tragic loss of 109 lives, including children, following the capsizing of a boat carrying migrants off the coast of Djibouti.

Abuja
Biu left indelible mark on road safety administration, says FRSC chief
Former corps marshal Dauda Biu left an indelible mark on road safety administration, operational efficiency, and institutional growth.

Heading 4
AU condemns Houthi attack on Saudi airport
The African Union Commission condemned an attack carried out by Houthi rebels on King Khalid International Airport in Riyadh, Saudi Arabia, on Saturday.

World
Akande reaffirms Nigeria’s commitment to deepening ties with Denmark
Nigeria’s ambassador to Denmark, Lola Akande, has reaffirmed Nigeria’s commitment to deepening bilateral relations with Denmark.

Economy
Customs reforms will boost support for Tinubu’s second term, says group
A group says the reforms implemented by the Nigeria Customs Service under Bashir Adeniyi will boost support for President Bola Tinubu’s second-term bid.





