27.1 C
Saturday, October 24, 2020
- Advertisement -

Nigeria Must Unlock Gas Potential, Says Dangote


We Must Get Children Back to Learning – But Business As Usual is Not an Option By Jutta Urpilainen and Henrietta Fore

A global joint op-ed by the EU and UNICEF on education for children “One child, one teacher, one book,...

Subjecting Anti-SARS Agitation to Political Interpretation is Jejune Partisan Stimulus By Chris Okotie

Chairman Mao once posited that if the people no longer fear your power, it is because another power is on its way....

Deja Vu – In Tragic Vein By Wole Soyinka

I arrived home from external commitments just over a week ago to an extraordinary homecoming gift. It took the form of a...

Farewell to a Pioneering African Bard By Adekeye Adebajo

John Pepper Clark-Bekederemo, the Nigerian poet and playwright and a pioneering post-independence writer, died on October 13 at the age of 85....

A senior official of the Dangote Group says that Nigeria must deploy a new strategy to unlock the potentials and maximise the use of the available vast natural gas resources to improve the nation’s economy.

Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited (DIL), Devakumar Edwin, said there was the need to find ways to exploit and utilise Nigeria’s natural gas resources to impact positively on the nation’s economy.

Mr Edwin, who was on a panel at a session of Businessday Newspaper’s Energy Series 2020 Virtual Conference said: “Nigeria has done well with respect to the reduction of gas flaring to almost 10 per cent and exporting natural gas to generate revenue.

Mr Edwin said that Dangote Industries is focussed on adding value to the country’s gas resources through the Dangote Subsea Gas Pipeline Project, which is expected to unlock significant gas supply for industrial activities and considerably reduce flaring in Nigeria.

The series was declared opened by the Minister of State for Petroleum, Timipre Sylva who stated all ongoing efforts to boost infrastructure to deepen the gas sub-sector of the oil and gas industry.

He also cited the renewed efforts being made to ensure the Petroleum Industry Bill is passed without further delay.

- Advertisement -


Please enter your comment!
Please enter your name here

- Advertisement -

Business Profiles

Mark Oguh

Mark has 22 years experience in the Banking industry covering Operations, Audit and Financial Control. He is also a...

Aina Amah

Aina Amah is a graduate of Economics from the University of Lagos and an MBA from the University of Nicosia, Cyprus. She...

Uyi Osagie

Uyi Osagie is the Chief Financial Officer of Allianz Nigeria. He joined Allianz as Financial Controller from 2014 and rose through the...

Usen Udoh

Usen Udoh is the Group Chief Human Resources Officer of the Dangote Group where he oversees a team of busines unit human...

Eric Idiahi

Eric Idiahi is a financier and venture-capitalist. He is Partner and co-founder of Verod Capital Management Limited, a $300 million Africa-focused private...