DOUBTS AS BUHARI HINGES REVENUE, JOB CREATION ON GAS SECTOR

Written by on December 23, 2020

STAKEHOLDERS IN THE OIL AND GAS INDUSTRY YESTERDAY RAISED CONCERNS, AS PRESIDENT MUHAMMADU BUHARI AND TOP GOVERNMENT FUNCTIONARIES EXPRESSED OPTIMISM THAT THE GOVERNMENT’S FOCUS ON THE GAS SECTOR WOULD BOOST REVENUE, JOB CREATION AND ADDRESS LINGERING ENVIRONMENTAL ISSUES.

MENACE ASSOCIATED WITH GAS FLARING AND THE MULTIPLIER HEALTH AND ENVIRONMENTAL HAZARDS, ESPECIALLY IN THE NIGER DELTA REGION, IS EXPECTED TO DECLINE WITH PROGRESS ON ABOUT $14.5B WORTH OF GAS PROJECTS AS WELL A NEW INTEGRATED GAS HANDLING FACILITY (IGHF) AND LPG UNITS.

GOVERNMENT EXPRESSED THE OPTIMISM AS BUHARI COMMISSIONED THE IGHF AND LPG UNITS BUILT BY THE NIGERIAN PETROLEUM DEVELOPMENT COMPANY (NPDC), A SUBSIDIARY OF THE NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC). THE FACILITY WILL EXPORT GAS AND BOOST LOCAL UTILISATION OF THE RESOURCES.


Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *



Current track

Title

Artist

Background