“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.

Other Top Stories:

• Senate summons State House, others over N5tn vote
• INEC deletes 2.7 million for double registration
• Tinubu Is Scared of Atiku– PDP
• LP unveils 1,234-member campaign council, knocks opposition candidates
  

“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.

“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.