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President Buhari pledges to deepen gas utilization for Nigeria s economic growth

TODAY December 23, 2020 President Muhammadu Buhari yesterday pledged to deepen gas production and utilization in Nigeria to enhance economy growth of the nation Speaking at the commissioning of the Integrated Gas Handling Facility, IGHF, and LPG storage and dispensing plants at Ologbo, in Oredo in Edo State, the President stated that his administration would not relent in its drive to use gas as a catalyst for sustainable economic development of Nigeria. According to him: “At the beginning of 2020 we made a solemn declaration of scaling up gas utilization to develop the transport system, create jobs and other economic activities.” He explained that in the course of the year, substantial development has taken place in the gas sector, as can be seen in the expansion of Escravos-Lagos gas pipeline, the OB3 gas pipeline and the Ajaokuta Kaduna–Kano gas pipeline, signing of final direct investment (FDI) and the Oredo Integrated Gas Handling facility.

Nigeria generalEdo stateMuhammadu buhariMele kyariNigerian national petroleum corporationNigeria gas companyPetroleum gasPresident muhammadu buhariIntegrated gas handling facilityAjaokuta kadunaOredo integrated gas handlingLiquefied petroleum gasGroup managing directorPresident buhariPropane storageநைஜீரியா ஜநரல்

Culture of Non-Payment of Electricity Bills Poses Negative Outlook For Private Investors In Nigeria Power Infrastructure

Revenue risks will limit private investment in Nigeria’s power sector, as a lack of payment from customers leads to funding constraints throughout the supply chain. Insufficient gas transport infrastructure and widespread security risks in the Niger Delta expose gas power plant projects to considerable fuel supply risks. Despite government efforts to develop a renewables policy, the lack of a robust regulatory and institutional framework, as well as policy insecurity, will mute private investment in Nigeria’s renewables sector over the long term. Although Nigeria’s power sector is highly liberalised and relies on private capital investment in both electricity distribution and production, we maintain a negative outlook for private investment in the country’s power infrastructure. A culture of non-payment by consumers exposes electricity distributors to significant revenue risks.

Niger deltaNigeria generalWhile the nigerian senate committee on powerFitch solutions infrastructure project risk indexExchange rateNigeria gas companyNational economic council of nigeriaOur country risk teamFitch solutionsFitch solutions country risk teamNigerian bulk tradingYour oilFitch solutions power renewables teamGas teamProject risk indexConstruction scores

Nigeria: Panic Over Gas Pipeline Rupture At Arepo

Nigeria: Panic Over Gas Pipeline Rupture At Arepo
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.

Nigeria generalOgun stateJulius bergerKehindeg hamzatIbrahim farinloyeOgun state fire serviceNigeria gas companyLagos territorial officeNational emergency management agencyDepartment of petroleum resourcesFederal road safety corpsLagos ibadan egbeda corridorPetroleum resourcesநைஜீரியா ஜநரல்ஜூலியஸ் பெர்கர்நைஜீரியா வாயு நிறுவனம்

Nigeria: Authorities Shut Down Leaking Gas Pipe in Lagos

Nigeria: Authorities Shut Down Leaking Gas Pipe in Lagos
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.

Ogun stateLagos state emergency management agencyOgun state fire serviceNigeria gas companyNational emergency management agencyDepartment of petroleum resourcesPunch newspaperFederal road safety corpsPetroleum resourcesOgun state fireOlufemi oke osanyitoluநைஜீரியா வாயு நிறுவனம்துறை ஆஃப் பெட்ரோலியம் வளங்கள்பஞ்ச் செய்தித்தாள்கூட்டாட்சியின் சாலை பாதுகாப்பு கார்ப்ஸ்பெட்ரோலியம் வளங்கள்

Daily Trust - Authorities shut down leaking gas pipe in Lagos

A combined team of emergency officials including the Lagos State Emergency Management Agency (LASEMA) had stormed the site to shut down the leakage to prevent secondary incident. Also on ground are officials of the National Emergency Management Agency (NEMA), FRSC, Department of Petroleum Resources(DPR), Nigeria Gas Company and Ogun State Fire Service. LASEMA Director-General, Dr. Olufemi Oke-Osanyitolu who mobilized his men to join the rescue efforts despite not falling within the agency’s jurisdiction, however confirmed that the leaking pipe has been shut successfully. He said dampening of the affected perimeter is ongoing.

Ogun stateLagos state emergency management agencyOgun state fire serviceNigeria gas companyNational emergency management agencyDepartment of petroleum resourcesPunch newspaperFederal road safety corpsPetroleum resourcesOgun state fireOlufemi oke osanyitoluநைஜீரியா வாயு நிறுவனம்துறை ஆஃப் பெட்ரோலியம் வளங்கள்பஞ்ச் செய்தித்தாள்கூட்டாட்சியின் சாலை பாதுகாப்பு கார்ப்ஸ்பெட்ரோலியம் வளங்கள்