President Muhammadu Buhari has reaffirmed the commitment of his administration in ensuring prompt completion of the Ajaokuta-Kaduna-Kano gas pipeline project by 2023, aimed at boosting the Nation’s economy.
The President made the remarks at the Opening Ceremony of the 2021 Gas pipeline Forum, held in Kano.
The President, who was represented by Minister of State for Petroleum Resources Timipre Sylva, said the project was targeted at improving the country’s economy,as well as providing more job opportunities to the teeming youths in the Country.
He said the completion of the project would help in revitalizing the industries and create more jobs opportunities in the benefitting states which include Kano, Kaduna and Nasarawa states.
“The project is focus in facilitating increase Gas Penetration in the Northern part of the Country, expect the AKK pipeline corridor of FCT, Kano, Kaduna, Kogi,Niger, Nassarawa and other Neighboring states.”
“Today’s event reinforces our Commitment to realizing the inherent potentials of Gas usage,as the National Catalyst for Achieving Economic Diversification from Crude oil”
He added that the following the successful deliberation between the federal Government and the organized labour unions and the detailed review of the gas pricing frame work in Nigeria, the price of gas to power has been reduced from 2 Dollars fifty cents to 2 Dollars eighteen cents with immediate effect.
In his speech, Governor Abdullahi Umar Ganduje of Kano State said the AKK project will help immensely in reviving over two hundred industries in Kano that has shut down years.
He said his administration had taken bold steps that would enable the project to be completed successfully, saying the people of Kano State would benefit from the project especially in the aspect of boosting their businesses.
Earlier in his address address, the Managing Director of Nigeria National Petroleum Corporation NNPC Mr. Mele Kolo Kyari, said they are working diligently in ensuring timely completion of the project.
The meeting themed “Optimizing the Economic Development Capacity of the Ajaokuta-Kaduna-Kano”AKK” Gas pipeline Project was graced by dignitaries who spoke live and virtually,A including Governors of Kano, Niger, Nasarawa, Kaduna, as well as the Ministers of Petroleum, Finance, the Federal Capital Territory, Abuja, emirs of Kano and Bichi, business leaders and other stakeholders