Business
Stakeholders push for early delivery of $2.8bn Ajaokuta-Kaduna-Kano gas pipeline
Stakeholder in the Nigerian economy Tuesday clamoured for swift completion of the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline with a view to attaining rapid industrial growth and economic diversification.
An economic think-tank drawn from the organised private sector, petroleum industry, regulatory agencies and academia, who partook in a webinar organised by Valuechain Magazine, enjoined the Nigerian government to ramp up efforts aimed at delivering the venture in good time.
President Buhari had in the last week of June flagged off the 614kilometre gas pipeline project which, upon completion, is expected to convey 3,500 million metric standard cubic feet per day of dehydrated gas from various gas-gathering projects in southern Nigeria and help curb high incidence of gas-flaring in oil-rich Niger Delta.
Read also: Buhari hints at extending gas pipeline to North Africa
Idris Bugaje, the Rector of Kaduna State Polytechnic, said the AKK project should be completed within 18 months to ensure the activation of the second stage of the Tran-Nigeria gas pipeline that would stretch from Eastern Niger Delta through the South East and the Middle Belt to the North East.
According to him, prompt delivery of the project will make up for its late conceptualisation.
Bugaje avowed that the AKK gas pipeline was coming 25 years late after several textile, manufacturing and agricultural enterprises in the northern part of the country had collapsed under expensive, volatile and inefficient industrial fuel.
Seyi Omotowa, the Managing Director of Nigerian Gas Company, a subsidiary of the Nigerian National Petroleum Corporation, promised that the project would be delivered according to schedule.
Omotowa said the presidential inter-agency project management team was collaborating with other stakeholders to overcome all failure factors.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
German Police bust alleged Nigerian scam dating ring
German authorities have arrested eleven individuals suspected of being members of a Nigerian mafia group involved in a large-scale dating...
INVESTIGATION: In Kwara, multimillion-naira milk processing plant is abandoned, converted to a chicken outlet
After the government spent millions of naira to establish a milk processing plant in Kwara State that would provided jobs...
SPECIAL REPORT: For Sokoto communities, promise of healthcare is akin to death sentence
In this story, ABDULRASHEED HAMMAD delves into the dire realities of Primary Health Care services in Sokoto State, shedding light...
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard...
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
The multimillion-naira project, expected to comprise recreational buildings, now consists of cassava farmland, a bush used for excretion, and a...