Sylva: Nigeria taking steps to develop gas resources | TheCable

  • 📰 thecableng
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Timipre Sylva, minister of state for petroleum resources, says the government is taking steps to expand and develop its huge gas resources through enhanced gas exploration, development, and utilisation schemes.

Sylva said this at the 10th-year anniversary celebration of West African Gas Pipeline Company Limited , themed ‘Driving regional energy’, held in Lagos on Friday.said Nigeria had approximately 209 trillion cubic feet of proven gas reserves, with a potential upside of 600TCF.Advertisement

“The Act has generous incentives to enhance the development, distribution, penetration, and utilisation of gas, even as it incentivises entry into the midstream.” Sylva said the establishment of WAPCo represents the region’s effort at self-development and energy security. “This is by promoting the use of cheaper and environment-friendly natural gas from Nigeria in lieu of solid and liquid fuels, for power generation and other industrial, commercial, and domestic uses,” Sylva said.“10 years down the line, the WAGP has literally become the poster child of economic integration in West Africa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

HETimipreSylva FMPRng It is rather shameful that we are just talking of developing our gas sector now, when countries in Africa are about now making huge dollars from gas investment.

HETimipreSylva FMPRng For almost 8 years they are still in step stage.... Wen will will start counting miles?

HETimipreSylva FMPRng Gas flaring for how long now

HETimipreSylva FMPRng Taking steps after 8 years. Thieves

HETimipreSylva FMPRng we are still taking steps no wahala🤔🤔🤔🤔🤔

HETimipreSylva FMPRng Nigeria always stepping. Always taking steps to do nothing. Big stepper

HETimipreSylva FMPRng For how long shall we continue to waist our abundant gas resources. My take is that leadership is not fucosed, less interested or lack capacity to reason

HETimipreSylva FMPRng U go fear if u know how much dis guy go don thief as minister of petroleum

HETimipreSylva FMPRng Steps?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

With TheCable crack team, follow the best coverage of Ekiti election LIVE | TheCableEkiti voters will on Saturday decide the next governor of the state in a poll that may set the tone for the 2023 general election, particularly on the performance of
Source: thecableng - 🏆 2. / 80 Read more »

'Extortion': INEC withdraws two officials from Benue LG office -- after TheCable’s report | TheCableThe Independent National Electoral Commission (INEC) says it has withdrawn two of its officials who were exposed for demanding payment for voter registration. The commission announced its decision in a inecnigeria We go deploy drones to watch inec this election. We trust no one inecnigeria Good move
Source: thecableng - 🏆 2. / 80 Read more »

Nigeria generates N588.59bn from VAT in three months | TheCableThe National Bureau of Statistics (NBS) says the country generated N588.59 billion as value-added tax in the first three months of 2022. The figure represented an increase of 4.4 percent
Source: thecableng - 🏆 2. / 80 Read more »

Reps demand 'comprehensive' rehabilitation of police stations across Nigeria | TheCableFemi Gbajabiamila, speaker of the house of representatives, has asked the committee on police affairs to work towards the rehabilitation of police stations across the country. Gbajabiamila mandated the committee HouseNGR Make them manage the stations like that cos them dirty normal. Just increase them salary
Source: thecableng - 🏆 2. / 80 Read more »

Nigeria’s inflation rate reaches 11-month high, hits 17.71% | TheCableThe consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 17.71 percent in May 2022 Buhari and Apc don finally kaputt Nigeria kpatakpata
Source: thecableng - 🏆 2. / 80 Read more »

Nigeria to donate $550k for Great Green Wall secretariat | TheCableVice-President Yemi Osinbajo says Nigeria will donate the sum of $550,000 to the building of the Great Green Wall secretariat. Osinbajo said this on Thursday, in Abuja, during the eighth GreenWallAfrica At this time of the day, when the effect is already felt. And it is from borrowed money they want to donate? Nigeria, my country! SMH GreenWallAfrica Nigeria 😭💔
Source: thecableng - 🏆 2. / 80 Read more »