Buhari promises early delivery of AKK gas project

President Muhammadu Buhari has promised early delivery of the Ajaokuta-Kaduna-Kano (AKK) Gas line project, which he said was very dear to the people of Nigeria and must succeed.

Participating virtually in the ceremony, which took place at the Ajaokuta, Kogi State and Rigachikun, Kaduna State campsites simultaneously, on Tuesday, President Buhari affirmed the Nigerian government’s commitment to ensure its timely delivery within budgetary allocation and specifications.

He, therefore, directed the NNPC and partners to remain focused, noting that the AKK project is part of the delivery of the present administration’s Next Level Agenda for sustainable development, enhancement of economic prosperity and increase of the country’s infrastructure assets.

A statement issued by Femi Adesina, Special Adviser to the President (Media & Publicity), in Abuja informed Governors Yahaya Bello of Kogi State and Nasir El-Rufai of Kaduna physically flagged off the commencement of works at Ajaokuta and Rigachikun sites, while the President watched remotely via video-conference from the Council Chamber in Abuja.

President Buhari said: ‘‘we promised the Nation that we will expand the critical gas infrastructure in the country to promote the use of gas in the domestic market.

‘‘These include the Escravos to Lagos Pipeline System – 2 (ELPS-2), Obiafu to Obrikom (OB3) pipeline and AKK.

‘‘These projects are fundamental to our desire to industrialize and energize the entrepreneurial spirit that is ever-present in our population.’’

Enumerating the benefits of the project, billed to be completed in two years, the President said it will provide gas for generation of power and for gas-based industries which would facilitate the development of new industries.

It will also ensure the revival of moribund industries along with transit towns in Kogi State, Abuja (FCT), Niger State, Kaduna State and Kano State, he said, adding that the cascading effect and impact of the AKK, when operational, will be immeasurable.

His words: ‘‘It has significant job creation potential both direct and indirect while fostering the development and utilization of local skills and manpower, technology transfer and promotion of local manufacturing.’’

ALSO READ: Media group urges Gov Ortom to stop Bonta, Ukpute communal clash

President Buhari announced that Nigeria had learnt invaluable lessons from the global COVID-19 pandemic and some oil-rich countries that have used their crude as a pathway to economic and industrial diversification.

On COVID-19, the President said the pandemic had further underscored the drive of his administration for export substitution initiatives and projects that promote local manufacturing.

On diversification, the President said: ‘‘Gulf countries that have similar levels of gas reserves as Nigeria, have a strategy centred around gas-industrialization as their foundation towards export diversification. This has to be our guiding principle as we seek to attract investment and create opportunities for our people.’’

The President also used the occasion to challenge the private sector to lead the charge in maximising the nation’s gas resources.

According to him, the private sector can create a petrochemical hub that will resurrect the manufacturing industry and put the nation on the path to increased self-sufficiency.

‘‘As the world evolves, we owe our people the responsibility to prepare them for what the future holds. We, therefore, must be bold and fearless and can no longer be incremental in our approach.

‘‘Time is short, and our people’s zeal is strong and palpable. Infrastructure development although long, tedious and complex remains a cardinal objective of our Administration’s drive towards ensuring a stable, sustainable and more prosperous future for our citizenry.

‘‘Today marks an important chapter in the history of our great Nation. It marks the day when our domestic natural gas pipeline networks; from Obiafu in Rivers State, Escravos in Delta State and Lekki in Lagos State, are being connected through Kaduna to Kano States thereby enhancing national energy security, creating balanced development, and further integrating our nation,’’ he said.

The President commended the Government of the People’s Republic of China; the financiers the Bank of China and SINOSURE; and the two EPC Contractors (Brentex/China Petroleum Pipeline Bureau-CPP Consortia and Oilserve/China First Highway Engineering Company-CFHEC Consortia) for their support to deliver the important project.

He also congratulated the Ministry of Petroleum Resources, NNPC and all relevant stakeholders on the historic and epoch-making occasion, commending the resilience of the team to deliver on the project despite the COVID-19 pandemic.

The President appealed to Governors of Kogi, Niger, Kaduna and Kano States as well as the Minister of the Federal Capital Territory to provide the enabling environment and support for the project.

In his remarks, Mallam Mele Kyari, Group Managing Director, NNPC, explained that the AKK gas pipeline project, which is part of the Trans-Nigeria gas pipeline project, involves the establishment of a connecting gas pipeline network that will integrate the Northern region of the country with the Niger Delta, Eastern and Western regions of the Country.

He said the EPC contract for the 614km AKK gas pipeline project was awarded at a total contract sum of US$2.592 billion to Messrs. Oilserv Plc/China First Highway Engineering Company (Oilserv/CFHEC Consortium) for the first segment covering 303km.

According to the GMD NNPC, Messrs. Brentex Petroleum Services/China Petroleum Pipeline Bureau (Brentex/CPP Consortium) got the contract for the second segment covering 311km under a debt-equity financing model with loan from Bank of China and SINOSURE, to be repaid through the pipeline transmission tariff and supported by a sovereign guarantee.

‘‘We are confident that the EPC contractors will deliver the project on time, within budget and to quality/specifications,’’ he said.

Kyari added that upon completion, the project would enable the injection of 2.2bscf/d of gas into the domestic market and facilitate additional power generation capacity of 3,600MW.

 

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

Court Threatens To Revoke Shehu Sani’s Bail
The Federal High Court, Abuja, Monday, said it would revoke the bail granted Senator Shehu Sani if he fails to appear in court on the next adjourned date for the trial of the two-count criminal charges preferred against him by the
Economic and Financial Crimes Commission… Read Full Story

Buhari Appoints New Chief Personal Security Officer
President Muhammadu Buhari has approved the appointment of Deputy Commissioner of Police (DCP), Aliyu Abubakar Musa, as his Chief Personal Security Officer (CPSO). He replaces Commissioner of Police (CP) Abdulkarim Dauda, who was recently redeployed… Read Full Story

APC: Buni-Led Caretaker Committee Promises True Reconciliation
As part of measure to make progress on its mandate in reconciling all factions in the ruling All Progressives Congress, the Governor Mai Mala Buni-led committee has promised to embark on genuine reconciliation of all party leaders and members ahead of the planned convention… Read Full Story

NITDA Can Finance Nigeria’s Annual Budget ―Reps Public Account
The House of Representatives says the National Information Technology Development Agency (NITDA) has the wherewithal to finance the country’s annual budget if given the necessary environment… Read Full Story

No Fee Is Charged For NIS Recruitment ― CG
The Nigeria Immigration Service (NIS) has warned applicants against patronising fake recruitment sites as no fee was charged for NIS recruitment. The Comptroller General, NIS, Mr Muhammad Babandede, gave the warning in a statement by the Service Public Relations Officer (SPEO), Mr Sunday James… Read Full Story

Inside Ibadan Slums Where Water Scarcity, Open Defecation Thwart Efforts At Ending COVID-19 Pandemic
Ibadan, Nigeria’s third most populous city, wears rusted zinc-roof like a royal hat. Weak bricks, cracked and patchy walls are strewn all about the outskirts of the city. The waft of open sewage soaks the air… Read Full Story

Buhari To Perform Virtual Flag-Off Of Ajaokuta-Kaduna-Kano Gas Pipeline Tuesday
President Muhammadu Buhari will on Tuesday, conduct a virtual flag-off of the 614km Ajaokuta-Kaduna-Kano Gas Pipeline construction project, the Nigerian National Petroleum Corporation (NNPC) has said… Read Full Story

Whistleblower Allegation Of $1bn In Unity Bank Account False ― NPA
The Nigerian Ports Authority (NPA) has refuted claims that it has an account containing $1bn in Unity Bank Plc. In a statement signed by the General Manager, Corporate and Strategic Communications of the NPA, Jatto Adams, the agency said that the account number being peddled in public glare by the whistleblower… Read Full Story

COVID-19: Over 2 Million Transport Workers In Critical Condition —Wabba
The President, Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, has cried out that over two million of the congress affiliate members in the road transport sector are worst hit by the effect of the COVID-19 lockdown; and are in critical condition, dying in silence… Read Full Story

EDITORIAL: The Demolition Of Nigeria’s High Commission In Ghana
A Ghanaian citizen recently attacked the Nigerian High Commission in the country, demolishing a part of it. Expectedly, the action caused ripples in the diplomatic circles, with some observers wondering what such an action portended for the relationship between Nigeria and Ghana, which was until then presumably chummy… Read Full Story

Ending The Cable Tv Profiteering
It was like a movie, watching the proceedings of the Ad Hoc Committee set up by the House of Representatives, to probe the hike of subscription rates by cable television service providers. The Chairman of the said Committee, Hon Unyime Idem, took me back to my Aluta days at Obafemi Awolowo University… Read Full Story


 

You might also like
Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More