Business

Nigeria reduces gas flaring by 45%

Nigeria reduces gas flaring by 45%
Gas flaring in the country has been reduced by about 45% from 65% to its current 20%, the Nigeria Liquefied Natural Gas, NLNG, has said, adding that Nigeria is out of the top five gas flaring countries in the world.
This was disclosed by the NLNG Managing Director, Mr. Babs Omotowa, at the inauguration of the NLNG/University of Ilorin Engineering Research Centre at the weekend in Ilorin, the Kwara State Capital.
According to Omotowa, through the company’s university support programme, NLNG invested $12 million in six universities in the country.
He said: “One of the reasons the NLNG was established was to reduce gas flaring in the country. When we started, Nigeria was flaring about 65 per cent of its gas. We were the second highest gas flaring nation in the world. Through the construction of the six trains we have in NLNG, we have helped to bring that down to about 20 per cent and today we are no longer the top five gas flaring countries in the world. So we are proud that we have contributed to the environmental improvement in the country and the health implications of that.
“In addition, we provide a significant source of revenue for the nation and are also today supplying a vast majority of the cooking gas used in many homes in Nigeria today.”
According to the NLNG boss, the universities that are benefiting from the company’s support programme are Ahmadu Bello University (ABU), Zaria, University of Ilorin (UNILORIN), University of Nigeria, Nsukka (UNN), University of Ibadan (UI), University of Maiduguri (UNIMAID) and University of Port Harcourt (UNIPORT).
He further stated that one of the approaches of the NLNG is to develop Nigerian human capital and foster technological advancement in the country. “We recognize that universities are one of the critical fertile grounds from which ideas to fast-track Nigeria’s progress will spring from.
“With this programme, Nigeria LNG is partnering with six universities in Nigeria to uplift engineering teaching and research in our tertiary institutions. On its part, Nigeria LNG invested two million Dollars each to build and equip world-class engineering facilities in these schools”, Omotowa said.
RipplesNigeria …without borders, without fears

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

Join the conversation

Opinions

About the author

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

Do NOT follow this link or you will be banned from the site!