The Federal Government declared on Tuesday evening that it was prepared to use gas to forward Nigeria‘s industrialization programme.Infomation Guide Nigeria
Chief Timipre Sylva, Minister of State for Petroleum Resources, made this announcement at a luncheon for diplomats in Abuja, noting that gas was the sole energy source that might enable Nigeria to diversify her economy.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaNigeria has a confirmed gas reserve of 206 trillion cubic feet, with an additional 600TCF in prospective reserves.
Sylva said, “Energy is the basic resource for national socio-economic development and it must be secured at all times.
“As a result of its rising impact on national security and economy, the need to safeguard energy and ensure availability, reliability, and affordability has made energy diplomacy an essential part of every country’s foreign cooperation.
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“It is important to stress that Nigeria’s vehicle of choice on the energy transition journey is natural gas. Much has been done towards harnessing this huge potential to provide the energy needed for our growing population in terms of power generation, transport, feedstock for industries, and clean cooking solutions.”
“It is disheartening that Nigeria is still energy-poor despite our enormous energy resources, which include over 200TCF of proven natural gas reserve with a potential upside of up to 600TCF,” Sylva stated.
He added, “Majority of our people still lack access to reliable electricity and clean cooking fuels, and our pursuit is to significantly reduce this menace, with the hope of ending energy poverty in the country soonest.”
Sylva told his audience that in order to reap the benefit of Nigeria’s gas resources, the government had deepened natural gas utilisation under the National Gas Expansion Programme.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada“We have rolled out the Autogas scheme with the aim of displacing PMS with CNG and LPG. This will reduce PMS use and minimize CO2 emissions,” he stated.
“As a result of its rising impact on national security and economy, the need to safeguard energy and ensure availability, reliability and affordability has made energy diplomacy an essential part of every country’s foreign cooperation.Jamb Result
“It is important to stress that Nigeria’s vehicle of choice on the energy transition journey is natural gas. Much has been done towards harnessing this huge potential to provide the energy needed for our growing population in terms of power generation, transport, feedstock for industries and clean cooking solutions.”
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