• About Us
  • Contact Us
  • Privacy & Policy
Thursday, June 19, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Nigeria to Revamp Gas-to-Power Program for Improved Electricity and Economic Growth

Martins Nwakaji by Martins Nwakaji
August 12, 2024
in National
Reading Time: 3 mins read
A A
0
Nigeria to Revamp Gas-to-Power Program for Improved Electricity and Economic Growth
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

Nigeria’s Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has announced a new plan to boost the country’s gas-to-power program. This shift aims to use Nigeria’s large natural gas reserves to improve electricity generation, support economic growth, and increase Nigeria’s position in the global market. The goal is to tackle ongoing electricity shortages, drive industrial development, and promote cleaner energy by focusing on using domestic gas and investing in key infrastructure.

Nigeria has about 209 trillion cubic feet of proven gas reserves, which could reshape the country’s energy sector. The plan also includes building up local industries, expanding liquefied natural gas (LNG) exports, and supporting compressed natural gas (CNG) projects for transportation. These steps are meant to create a sustainable energy future and align with global trends toward cleaner energy.

The government’s emphasis on using domestic gas is crucial for solving Nigeria’s long-standing electricity issues. By focusing on gas-to-power projects, the aim is to ensure a steady and reliable electricity supply, which is essential for economic growth. Converting Nigeria’s natural gas into electricity could reduce power shortages and increase energy access.

Ekpo also stressed the importance of developing gas infrastructure to transport and distribute gas across the country. Investing in this infrastructure will help ensure a consistent gas supply for industrial use and transportation, supporting overall industrial growth.

Nigeria is in a strong position to use its gas reserves to drive economic development. Properly managing these resources can reduce reliance on oil, enhance energy security, and support global efforts to cut carbon emissions. The focus on gas resources will help Nigeria lead in clean energy and sustainable growth.

Additionally, Ekpo highlighted the need to strengthen the Nigerian Content Development and Monitoring Board (NCDMB), which will boost local industry and job creation. The NCDMB’s investments in gas projects and infrastructure will ensure that Nigerians benefit directly from the country’s resources.

Expanding Nigeria’s LNG export capacity is also important, as it will increase revenue, attract foreign investment, and enhance Nigeria’s global influence. Improving policies and regulations will create a better environment for investment and innovation in the gas sector.

The push for CNG projects aims to lower transportation costs and overall living expenses. CNG is a cleaner, cheaper alternative to traditional fuels, which supports global efforts to reduce carbon emissions and improve air quality.

Overall, Nigeria’s revised gas-to-power plan is a comprehensive approach to using the country’s gas resources for economic growth. By focusing on domestic use, infrastructure, local industry, and global market expansion, Nigeria aims to improve electricity generation, reduce costs, and become a leader in the global gas market. This strategy promises to transform Nigeria’s energy sector and drive economic development.

Tags: nigeria
Martins Nwakaji

Martins Nwakaji

Related Posts

Natasha Vs Akpabio: Court Grants N50m Bail To Senator Natasha, Schedules Sep 23 for trial
National

Natasha Vs Akpabio: Court Grants N50m Bail To Senator Natasha, Schedules Sep 23 for trial

1 hour ago
Gov Mbah declares Enugu safest place, as herdmens kills seven
National

Gov Mbah declares Enugu safest place, as herdmens kills seven

2 hours ago
Nigerians must endure pains till Tinubu’s reforms completed – Information Minister
National

Nigerians must endure pains till Tinubu’s reforms completed – Information Minister

2 hours ago
Benue youths protest as APC turns Tinubu’s Benue visit over killings to political rally
National

Benue youths protest as APC turns Tinubu’s Benue visit over killings to political rally

2 hours ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Natasha Vs Akpabio: Court Grants N50m Bail To Senator Natasha, Schedules Sep 23 for trial
National

Natasha Vs Akpabio: Court Grants N50m Bail To Senator Natasha, Schedules Sep 23 for trial

1 hour ago
Gov Mbah declares Enugu safest place, as herdmens kills seven
National

Gov Mbah declares Enugu safest place, as herdmens kills seven

2 hours ago
Nigerians must endure pains till Tinubu’s reforms completed – Information Minister
National

Nigerians must endure pains till Tinubu’s reforms completed – Information Minister

2 hours ago
Benue youths protest as APC turns Tinubu’s Benue visit over killings to political rally
National

Benue youths protest as APC turns Tinubu’s Benue visit over killings to political rally

2 hours ago
Tinubu’s insensitive, turned Benue condolence visit to carnival – Peter Obi
National

Tinubu’s insensitive, turned Benue condolence visit to carnival – Peter Obi

3 hours ago
2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 
National

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 

1 day ago

POLITICS

Former Loyalist accuses Peter Obi of Betrayal

Former Loyalist accuses Peter Obi of Betrayal

5 days ago
2027 election: `Democracy must reflect will of the people` Peter Obi warns

Labour Party Chieftain points accusing fingers at Obi over crisis

5 days ago
Saraki Replies To Tinubu’s Mockery Of Opposition, Says They Will Sort Themselves Out.

Saraki Replies To Tinubu’s Mockery Of Opposition, Says They Will Sort Themselves Out.

6 days ago
Peter Obi Accuses Tinubu Of Hypocrisy, Misplaced Priorities

Peter Obi Accuses Tinubu Of Hypocrisy, Misplaced Priorities

6 days ago
I’m glad PDP, LP, NNPP are in crisis – Tinubu

I’m glad PDP, LP, NNPP are in crisis – Tinubu

6 days ago
Democracy Day: It Is Indeed A Pleasure To Witness You In Such A Disarray – Tinubu to Opposition Parties

Democracy Day: It Is Indeed A Pleasure To Witness You In Such A Disarray – Tinubu to Opposition Parties

1 week ago

YOUR ECONOMY

Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments
Economy

Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments

2 days ago
PETROAN kicks against Dangote’s petrol distribution strategy
Economy

PETROAN kicks against Dangote’s petrol distribution strategy

2 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery Begins Distribution of Petrol Nationwide

4 days ago
Nigeria Stock Exchange to Partner with Hong Kong’s Stock market
Economy

Nigeria Stock Exchange to Partner with Hong Kong’s Stock market

1 week ago
Dangote refinery is Tinubu’s brainchild – Aliko
Economy

Dangote refinery is Tinubu’s brainchild – Aliko

2 weeks ago
FG will revive cocoa industry – Shettima
Economy

FG will revive cocoa industry – Shettima

2 weeks ago

E & P

Breaking: Barcelona signs Joan García from city rival Espanyol
Sports

Breaking: Barcelona signs Joan García from city rival Espanyol

by Steven Atogi
2 hours ago
0

After a successful season with domestic treble of La Liga, Super Cup and Copa Del Rey, the Catalan giants of...

Trent Alexander-Arnold unveiled for Real Madrid

Trent Alexander-Arnold unveiled for Real Madrid

6 days ago
Matheus Cunha joins Man United from Wolves

Matheus Cunha joins Man United from Wolves

1 week ago
Friendlies: Senegal’s Lions of Teranga beat England’s Three Lions 3-1

Friendlies: Senegal’s Lions of Teranga beat England’s Three Lions 3-1

1 week ago
Nuno Mendes shines at Nations League final

Nuno Mendes shines at Nations League final

1 week ago
Portugal beats Spain in Nations League final

Portugal beats Spain in Nations League final

2 weeks ago

YOUR THOUGHT & HISTORY

ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
4 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
5 months ago
The Transformative Power of AI in Revolutionizing Industries and Empowering Growth
Columns

The Transformative Power of AI in Revolutionizing Industries and Empowering Growth

by Blessing Chinyere Daniel
6 months ago
Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit
Columns

Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit

by Uloma Harrison-Ikenwanze
6 months ago
The Power of Data in Today’s World
Columns

The Power of Data in Today’s World

by Blessing Chinyere Daniel
7 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

North Carolina Declares June 14 as Igbo Day

North Carolina Declares June 14 as Igbo Day

June 19, 2025
Plane Crash: Air India Affirms Plane ‘Well-Maintained’ 

Plane Crash: Air India Affirms Plane ‘Well-Maintained’ 

June 19, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address