Oil & Gas
By Victoria Frances
WALE Edun, minister of Finance and Coordinating minister of the Economy, has expressed satisfaction with the progress made so far on the AKK Gas Pipeline project.
The project is spearheaded by the Nigerian National Petroleum Company Limited (NNPC Ltd)and commended the team for their doggedness and dedication. Edun, who gave the commendation today in Kaduna emphasized the importance of the project to President Bola Ahmed Tinubu’s Administration Strategy to grow the economy and create jobs.
He stated that the Federal Government is committed to providing all necessary support towards ensuring the completion of the project within six to nine months. Edun alongside the minister of State for Petroleum Resources (Gas), minister of Information and National Orientation, and the GCEO of NNPCL, had earlier today, visited the Kaduna State section of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project and were received by the Kaduna State Deputy Governor, Hadiza Balarabe who represented Governor Uba Sani.
The AKK Gas Pipeline Project, spearheaded by the Nigerian National Petroleum Company Limited (NNPC Ltd), aims at expanding Nigeria’s gas pipeline network in response to growing power demand and the need for gas-based industries. This ambitious project features a 40-inch by 614-kilometer pipeline stretching from Ajaokuta to Kano, complete with intermediate and terminal gas facilities. Expected impacts of the AKK Gas Pipeline project are as follows: The AKK project will boost power generation, revitalize dormant industries, promote new industrial development, and provide alternative transportation fuels along its corridor.
Thousands of employment opportunities will be created, significantly reducing poverty. The AKK pipeline will stem the rate of deforestation and provide an alternative fuel for power, cooking, transportation and industrial activities in key States like Abuja, Kaduna, and Kano, transforming Nigeria’s energy landscape.
Despite challenges like COVID-19, global inflation, and extreme weather conditions, the project has advanced employing over 2000 workers, 1925 of whom are Nigerians. The project also engaged 61 local contractors, showcasing the resilience of the support from Federal Government, according to a release by Mohammed Manga, director, Information and Public Relations, June 21.
A.I
June 22, 2024 @ 16:02 GMT|
Tags: AKK Gas Pipeline project. Governor Uba Sani Hadiza Balarabe NNPC Ltd President Bola Ahmed Tinubu Victoria Frances Wale Edun
