Tinubu to commission three gas projects to boost economic growth

Tinubu to commission three gas projects to boost economic growth

In a move to leverage gas for economic growth, President Bola Tinubu is set to commission three critical gas infrastructure projects in the country.

Tinubu’s spokesman Ajuri Ngelale in a statement said the gas projects were undertaken by the Nigerian National Petroleum Company Limited (NNPCL) and some partners.

President Tinubu had identified Nigeria as more of a gas-resource nation than petroleum-rich, indicating his administration’s interest in exploiting the huge gas reserve available to boost the economy.

Nigeria’s gas reserves at about 208.83 trillion cubic feet, account for 33% of Africa’s gas reserves.

The projects, aimed at growing value from the nation’s gas assets and eliminating gas flaring, are slated to increase domestic gas supply, promote industrialization, and create a better investment climate.

According to the statement, the projects include the AHL Gas Processing…
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