The President, Muhammadu Buhari has on Monday said the Nigeria Liquefied Petroleum Natural Gas company has generated $114bn revenues for the country.
He said this at the Nigeria International Petroleum Summit 2021 Pre-Summit Conference and official inauguration of the Decade of Gas in Abuja, adding that the NLNG was contributing one per cent to the country’s Gross Domestic Product.
This came as the Managing Director, NLNG, Tony Attah, announced that the ongoing Train-7 project being handled by the company would attract $10bn to Nigeria.
In his goodwill message to the pre-summit virtual conference Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo stressed the need to harness the potential that gas presents for Nigeria’s industrialisation.
The Minister who was represented by his Technical Adviser, Kamal Bakrin, said gas could become a source of competitive advantage for Nigeria’s manufacturing sector; adding that the manufacturing sector could be a dominant job creator and source of foreign exchange for the country with an affordable source of gas.
Written by: EaglesFM