The federal government says the current gas production in Nigeria is expected to increase by almost 4 billion cubic feet per day by 2030, according to the Decade of Gas plans.
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, who disclosed this during the ongoing 13th edition of the Practical Nigerian Content Forum organised by the Nigerian Content Development Board (NCDMB) in Yenagoa, Bayelsa State, explained that at that point, the country would have accomplished 25 per cent of the goal in boosting gas production capacity.
Ekpo also stated that the federal government has so far invested $450m in Compressed Natural Gas (CNG), adding that gas will be the mainstay of Nigeria’s energy shift, that is why government is giving local businesses a chance to engage in gas distribution, processing, and power generation.
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He stated that the probable replacement for petrol has also been determined to be natural gas in the form of CNG, explaining that to encourage other solutions and alternatives to the massive payout from the nation, President Bola Tinubu’s inauguration speech prohibited further fuel subsidy payments.
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He also disclosed that 65 mother stations are in various stages of development while 88 new daughter stations are undergoing development with 26 per cent completion, while over 145 new conversion centres were deployed with an additional 90 in construction phases.
He said: “More than 150,000 kits were acquired nationwide. 34,000 conversions stimulated. 5,808 CNG & EV Platforms were acquired via the Ministry of Finance. Over 1,000 conversion technicians have been trained.”
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, said the board has achieved 56% increase in Nigerian Content level in 2024 compare to 26% it met in 2016.
He stated that some of the achievements of the board include; Commissioning of Amal Technologies in Idu, Abuja; and the Kwale Gas Gathering facility in Delta State, approval of 312 Nigerian Content Plans, and 402 Nigerian Content Compliance Certificates (NCCCs) were issued to the board amongst others.
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