Wednesday, August 10, 2022
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result

Nigeria closer to self-sufficiency in gas production – Buhari

Ehime Alex by Ehime Alex
December 23, 2020
in BUSINESS & ECONOMY, Front Page
0
Nigeria closer to self-sufficiency in gas production
0
SHARES
13
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

Nigeria is a step closer to fully utilising its abundant gas potential, says President Muhammadu Buhari on Tuesday, while inaugurating the Integrated Gas Handling Facility and Liquefied Petroleum Gas Processing and Dispensing Plant.

The plant was built and operated by the Nigerian Petroleum Development Company, an upstream subsidiary of Nigerian National Petroleum Corporation in Oredo, Edo State..

READ ALSO

Air cargo performance dips as Russia-Ukraine war rages

Financial prudence amid inflation, rising transport costs

“In addition to its import substitution benefits that brings us a step closer to self-sufficiency in LPG production and also supporting the growth of small and medium enterprises in the host communities, this project will create hundreds of direct and indirect employment opportunities for our teeming youths (both skilled and unskilled).

Read Also:

  • Air cargo performance dips as Russia-Ukraine war rages
    Air cargo performance dips as Russia-Ukraine war rages
  • Dealing with the ATM nightmare
    Dealing with the ATM nightmare
  • Financial prudence amid inflation, rising transport costs
    Financial prudence amid inflation, rising transport costs

“Apart from being the largest onshore LPG plant in Nigeria with the potential of supplying about 20 per cent of Nigeria’s LPG demand, the Oredo Integrated Gas Handling Facility was carefully situated at a corridor proximate to more than 80 per cent of Nigeria’s LPG demand source,” Buhari said.

The project was a follow-up to his administration’s plans to make 2020 ‘Nigeria’s Year of the Gas.’

“At the turn of the year 2020, this administration made solemn declarations to the Nigerian public over its plans to expand the gas sector footprints by scaling-up the development and utilisation of Nigeria’s abundant natural gas resources.

“To help spur industrialisation, provide clean and efficient energy for transportation and household use while increasing our exports into the international market. It is against the backdrop of this commitment that the Year 2020 was dedicated and embodied as ‘Nigeria’s Year of Gas.’

“Since then, we have followed through with actions that have translated those plans into tangible projects with monumental value additions to the Nigerian Economy. We accomplished key gas infrastructure projects like the OB3 and ELPS 2 and flagged off the construction phase of the 614 km AKK Pipeline Project,” Buhari explained.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Tags: Integrated Gas Handling FacilityLiquefied Petroleum GasNigerian Petroleum Development Company

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Ehime Alex

Ehime Alex

Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

Related Posts

air cargo performance dips as russian-ukraine war rages
Aviation

Air cargo performance dips as Russia-Ukraine war rages

August 8, 2022
inflation
Front Page

Financial prudence amid inflation, rising transport costs

August 8, 2022
Dealing with the ATM nightmare
CONSUMER PERSPECTIVE

Dealing with the ATM nightmare

August 6, 2022
African workplace
FEATURES

Dealing with entitled employees in African workplace

August 1, 2022
Nigerian Exchange Limited
Front Page

NGX ASI, Market Cap depreciates by 3.10%

August 1, 2022
Another look at tech-driven customer service
CONSUMER PERSPECTIVE

Another look at tech-driven customer service

July 30, 2022
Next Post
Ex-militant leaders pledge to end piracy, kidnapping

Ex-militant leaders pledge to end piracy, kidnapping 


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

air cargo performance dips as russian-ukraine war rages

Air cargo performance dips as Russia-Ukraine war rages

August 8, 2022
inflation

Financial prudence amid inflation, rising transport costs

August 8, 2022
Nigerian Exchange Limited

NGX ASI, market cap go north, close at N27.358tn

August 8, 2022
Dealing with the ATM nightmare

Dealing with the ATM nightmare

August 6, 2022
African workplace

Dealing with entitled employees in African workplace

August 1, 2022
Nigerian Exchange Limited

NGX ASI, Market Cap depreciates by 3.10%

August 1, 2022
Another look at tech-driven customer service

Another look at tech-driven customer service

July 30, 2022

TRENDING

  • African workplace

    Dealing with entitled employees in African workplace

    2 shares
    Share 0 Tweet 0
  • NGX ASI, Market Cap depreciates by 3.10%

    2 shares
    Share 0 Tweet 0
  • Air cargo performance dips as Russia-Ukraine war rages

    2 shares
    Share 0 Tweet 0
  • Another look at tech-driven customer service

    0 shares
    Share 0 Tweet 0
  • NGX ASI, market cap go north, close at N27.358tn

    2 shares
    Share 0 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS