Home Business Nigeria: Govt Will Make Gas Alternative Energy for Industries, Transportation – Sylva

Nigeria: Govt Will Make Gas Alternative Energy for Industries, Transportation – Sylva

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The federal government yesterday inaugurated the National Gas Expansion Programme (NGEP) in the Southwest Nigeria as part of its efforts to make gas an alternative energy for industrial, transportation and domestic uses.

The Minister of State for Petroleum Resources, Mr. Timipre Sylva, who performed the inauguration in Ado -Ekiti, Ekiti, described the programme as a practical demonstration of President Muhammadu Buhari’s commitment to lift 100 million Nigerians out of poverty by using gas value chain as catalyst for social and economic development in Nigeria.

Sylva said Nigeria was richly endowed with mineral resources, specifically, hydrocarbon, crude oil and natural gas with proven reserves of over two hundred trillion cubic feet of natural gas.

He said: “The programme main objective is to reinforce and expand gas supply as well as stimulate demand in Nigeria through effective and efficient mobilisation and utilisation of all available assets, resources and infrastructure in the country.

“The programme is geared towards the implementation of Mr. President’s June 12, 2019, promise to take 100 million Nigerians out of poverty within the current decade by ensuring that locally produced, available, accessible and affordable fuel is sufficiently supplied across the country.”

Sylva noted that the implementation phase of the programme would span across the length and breadth of the nation and stated that 500,000 young technicians and engineers would be trained and empowered in the course of implementing the programme.