NCDMB affirms commitment to improving Nigeria's gas investments
with the theme, "Enhancing Media Competencies to Support Nigerian Content in a Gas Economy."
Ginah explained that in line with President Muhammadu Buhari's declaration of 2021 – 2030 as Nigeria’s Decade of Gas, the NCDMB has mapped out strategies to ensure that gas is made Nigeria’s transition fuel.
According to him, some of the gas-based projects of the Board include a partnership with Rungas to produce 1.2 million liquefied petroleum gas, LPG, composite cylinders per annum in Bayelsa and Lagos states, as well as collaboration with NEDO Gas Processing Company in Kwale, Delta State for the establishment of 80 million standard cubic feet, scf, per day gas processing plant and a 300 million standard cubic feet per day gas gathering hub.
He said: "It is worthy of note that 70 percent of our investments are on gasbased activities, especially midstream and downstream gas. Our investments underscore the importance of gas to Nigeria’s economic sustainability, apart from its role in the energy transition.
"We know for certain that gas can lead Nigeria to food sufficiency, industrialization, increase in Gross Domestic Product, and electric power sufficiency.
"Above all, the investments by the NCDMB are helping to create employment opportunities for Nigerian youths, catalyze the local economy and achieve the Nigerian Content 10-Year Strategic Roadmap
"Some of our gas-based projects include our partnership with Rungas to produce 1.2million LPG Composite cylinders per annum in Bayelsa and Lagos States and our collaboration with NEDO Gas Processing Company in Kwale, Delta State for the establishment of 80 million standard cubic feet per day gas Processing Plant and a 300 million standard cubic feet per day Gas Gathering hub”.