• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Gas development is priority for Tinubu’s administration – Presidency

Gas

The Matters Press by The Matters Press
July 13, 2023
Reading Time: 2 mins read
0
Nigeria, Equatorial Guinea in talks to boost gas production

Abuja, July 13, 2023: Ms Olu Verheijen, the Special Adviser to the President on Energy, said on Wednesday that the development of gas was a priority for the President Bola Tinubu administration.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Verheijen said this at the opening of the “Decade of Gas” secretariat in Abuja.

“It has been a long journey with gas in this country,” she said.

The “Decade of Gas” programme is a Federal Government project designed to ensure that Nigeria propagates the supply and distribution of gas as the main source of energy both to power- and gas-based industries on commercial bases.

The project is expected to be achieved between 2021 and 2030.

Verheijen said that the president placed high premium on gas and as such was committed to seeing the country utilise it to its fullest.

“We have gone from being a major exporter of Liquefied Natural Gas (LNG), to looking into our future, when gas is going to play a big role in the industrialisation of our country,” she added.

Farouk Ahmed, Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said that the country was working towards becoming more of a gas-based country for local consumption and export.

“It is a matter of empowering Nigeria on the utilisation of gas, so the sponsors group agreed that there should be a secretariat.

“In the past, this project was coordinated from Shell as a sponsor group and they thought that the ideal location should be a regulator and NMDPRA being the Midstream regulator was chosen as the host of the secretariat.

“That is why we are here to commence the process of taking over and informing the former secretariat of the Energy office in Jabi,” Ahmed said.

Coordinator of the project, Mr Ed Ebong, said that they were already working on about 15 different projects from the industry in the short term.

Ebong said that the projects would be the deciding factor of the country’s future if the right policy framework were put in place.

“A lot of work has been done; projects have been identified and we are now in the process of sitting with the operators to bring the issues to the surface; that is for the gas supply.

“We also need to provide comfort to the investors by clearing the areas of about US$ 1 billion that the gas companies owe for gas supply in the past and that is the clear priority.

“Gas will not get to where it will get to if we do not begin to build physical and virtual pipelines.

“Physical pipelines are physical lines, while virtual pipelines will enable us to have Compressed Natural Gas (CNG) operators that can move gas from where it is today to the areas where it is needed.

“The last is building capacity and these are those that will work in the gas sector,” Ebong added.

Tags: Gas
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
Commission plans to liberate 38% illiterate Nigerians

Tinubu’s request of N500 bn for palliatives to Nigerians commendable – expert

Nigeria has not taken decision yet on fuel subsidy

Framework on fuel subsidy removal palliative on course - Tinubu

Recommended Stories

2020 Finance Bill prescribes tax incentives

Kenya, Uganda unhappy over new taxes

July 11, 2022
Nigeria gets AfDB’s $14m as member of ATI

AfDB loans to Kenya hit $3.95bn

October 25, 2023
Kano Local governments propose N229bn for 2022

Chamber advocates equity financing of 2023 budget deficits

October 9, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us