Nigerians seek answers to pertinent questions on deregulation thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
AfCFTA: Nigeria to become petroleum products refining hub, says Sylva
On
Sylva
The Federal Government says it will leverage the opportunities provided by the African Continental Free Trade Area Agreement (AfCFTA) to reposition the oil and gas sector.
The government said this action would transform the country into a petroleum products refining hub for the African region with its attendant socio-economic benefits.
Chief Timipre Sylva, Minister of State for Petroleum Resources, disclosed this at the AfCFTA Oil and Gas Virtual Workshop, organised in collaboration with the Federal Ministry of Industry, Trade and Investment, under the theme: “Nigeria – Africa’s Refining and Services Hub under the AfCFTA.”
Nigeria launches autogas push
Nigeria has launched a push to increase the use of autogas with a high-profile event in Abuja.
The NGEP launch at NNPC s Lugbe fuel station.
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Nigeria has launched a push to increase the use of autogas with a high-profile event in Abuja.
Nigerian President Muhammadu Buhari said the National Gas Expansion Programme (NGEP) launch “secured the realisation of government’s commitments to domestic gas utilisation”. Autogas will provide an alternative to petrol.
Mon Dec 07 2020
In a move that signalled the beginning of the long-awaited gas revolution in Nigeria, President Muhammadu Buhari last week launched the National Gas Expansion Programme and National Autogas Rollout Initiative in Abuja.
The programme has an ambitious target of enabling about 40 per cent of vehicles plying the Nigerian roads to run on compressed natural gas (CNG).
Ahead of this, the Buhari administration had earlier in the year launched the Ajaokuta-Kaduna-Kano gas pipeline project, which will hopefully power the industries and utilities along the central and northern axis of the country.
At the launch of the programme, President Buhari stated that “it is no longer news that the vast natural gas resources, which Nigeria is endowed with have hitherto been used sub-optimally as a result of dearth of gas processing facilities and infrastructure connectivity for effective and optimal domestic utilisation’’.
Nigeria: Despite Covid-19 Challenges, Nigeria s Petroleum Industry Made Progress in 2020 allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.