FG reiterates commitment to gas-to-power initiative
The federal government has reiterated its commitment to the gas-to-power initiative.
The initiative, launched in 2021, aims to transform Nigeria into a gas-powered economy by 2030 through policy reforms, infrastructure development, and investment attraction strategies.
NNPC boss Mele Kyari said this on Thursday at the groundbreaking ceremony of the five mini-LNG plants in Ajaokuta, Kogi.
Mr Kyari said the projects play a critical role in promoting economic growth and contributing to the nation’s GDP while creating opportunities for gas commercialisation and supporting the federal government’s flare-down initiatives.
He said the Mini LNG facilities would ensure efficient gas transportation over long distances, providing a cleaner and cheaper energy source to households, mobility, industries, and businesses.
Governor Ahmed Ododo commended the federal government for locating the five mini-LNG plants in Kogi.
Mr 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,” Mr Ododo said.
(NAN)
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