Innovation crucial for expanding domestic gas utilization, infrastructure —says Minister

Date:

By Abubakar Yunusa

Honorable Minister of State, Petroleum Resources (Gas), Hon. Ekperipe Ekpo, emphasizes the importance of creating an environment that attracts investment and fosters innovation to expand domestic gas utilization and infrastructure.
The Minister made this statement during the opening ceremony of the 2nd edition of the Domestic Gas Summit (DGGIS), organized by the Abuja Chamber of Commerce and Industry (ACCI) in Abuja yesterday.
He noted that strategic intervention frameworks, such as the Midstream and Downstream Gas Infrastructure Fund, are already bridging the infrastructure gap, creating an environment conducive to future investments.
These advancements are not merely in anticipation of domestic growth but are aimed at positioning Nigeria as a key player in the African and global gas markets.
“Our strategies and initiatives focus on increasing domestic gas consumption and decisively reducing gas flaring.
“This commitment is evident in the commendable Nigerian Flue Gas Commercialization Program, as well as in policies that promote gas-to-power initiatives, gas-based industrialization, and the conversion of associated gas into more economically valuable resources, thereby transforming environmental challenges into economic opportunities.
“Our roadmap is not limited to pipelines and power; it encompasses our commitment to creating gender-equitable solutions in any transition. We are dedicated to building a resilient and sustainable energy industry that includes and benefits every citizen, recognizing the role of women in the energy sector, ensuring inclusivity, and leveraging diversity as a strength,” he said.
In his welcome remarks, the President of the Abuja Chamber of Commerce and Industry (ACCI), Dr. Al-Mujtaba Abubakar, highlighted the rising global demand for cleaner energy sources as an opportunity for Nigeria to harness its gas resources for the nation’s benefit.
“This is an opportunity for the development of our dear nation, and at the Chamber of Commerce, we are committed to leveraging anything that can benefit the business community, improve economic growth, drive investments, and provide much-needed jobs for Nigerians.”
Dr. Victoria Akai, the Director General of ACCI, called on industry players to utilize the outcomes of this summit to foster a more dynamic domestic gas industry in Nigeria.

READ MORE  SEC expresses readiness to collaborate with NSE

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

NDC flags off zonal campaigns, set to inaugurate campaign committees

By Jude Opara The Nigeria Democratic Congress (NDC) in...

Police Rescue 75 Kidnapped Passengers in Birnin Gwari as Suspects Flee Forest Hideout

By Femi Oyelola, Kaduna Seventy-five kidnapped victims, including men, women...

FG congratulates Bangladesh’s new president Alamgir

The Federal Government of Nigeria has congratulated Mirza...

FG declares Tuesday public holiday for Eid ul Mawlid

The Federal Government has declared Tuesday, August 25, 2026,...