Federal government of Nigeria launches decade of gas conference

News - by RadioNow / Mar. 30th, 2021
Nigeria-President-Buhari

President Muhammadu Buhari says his administration will fully utilize the enormous gas resources in the country to uplift the economy and drive industrialization. While setting the tone for the development of the industry in the next ten years, Buhari said given the country’s potential of about 600 trillion cubic feet of gas, the commodity bears the enormous potential to diversify Nigeria’s economy.

The president stated this at the virtual meeting for the Nigeria International Petroleum Summit (NIPS) 2021 Pre-Summit Conference, and the official launch of the Decade of Gas in Abuja on Monday.

Also in attendance was the minister of state for petroleum resources, Timpre sylva who says that gas development forms and important part of the government’s economic recovery growth plan.

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