Skip to main content

Gov Ifeanyi Okowa rallies investors to explore Delta gas reserves.

By Hendrix Oliomogbe,Asaba

As a way of boosting the economy of Delta state and creating jobs for the teeming army of unemployed youths, Governor Ifeanyi Okowa has called on investors to explore and exploit opportunities in the natural gas deposits in the state.

Okowa who spoke in Asaba at a one-day Virtual Gas-To-Powers summit,themed “Enabling Nigeria Resource for Development”,said that the state deposit of natural gas was about 40 per cent of total reserve in the country,adding that if the gas was harnessed,more youths would be employed and industrial activities would increase.

Represented by the Chief of Staff Government House,Tam Brisibe,Okowa argued that agriculture and other entrepreneurship programmes aimed at empowering the youths will succeed if the huge potentials in the gas sector was exploited by investors.

The governor added that the state has over 40 per cent of the gas reserve in the country,noting that Nigeria is more of a gas country than petroleum but unfortunately the gas resources has not been exploited as much as it should have.

He said: “It is because of the gas reserve that we have in Delta,that made the Federal Government to set up the Multi-Billion Dollar Gas Revolution Industrial Park at Ogidigben in the state.

“So,I want to thank Power Gas Nigeria for the initiative to produce gas to power our industries, organisations and institutions which is more affordable and provides best alternative when the public power fails,” he said.He said that the project would not only help to industrialize the state but also provide cheaper means of energy for domestic uses.

Chief Afam Obiago, Chairman, Delta State Investment Development Agency (DIDA), said that the summit was to expound the investment that could be done with compressed natural gas (CNG).

He said that unlike the conventional pipeline transportation of the natural gas to industries,the gas company would move the compressed gas to every other location to encourage industrialisation.

He said that the total gas reserve in Nigeria was about 187 trillion cubic feet out of which Delta has 40 per cent deposit.He said that Power Gas Nigeria had already built a plant at Kwale in the state to produce compressed gas.

The Managing Director,Power Gas Nigeria,Pulak Sen,said that the company was committed to making virtual gas available to the people with the target of addressing gas flaring in the sector.He commended the Delta government for its support and called on other investors to take advantage of the opportunities and invest.

On his part,Paul Nmah,Executive Assistant to the Governor on Investments and Promotions,DIDA,said that the driving force was to create the environment for industrial growth in the state.He said that the government was committed to promoting and initiating investment in the state by providing the enabling environment for industries to thrive and provide the services needed.

Popular posts from this blog

Kim kardashian west confirms third baby news.

In a trailer for season 14 of "keeping up with the Kardashian," Kim Kardashian West appears to confirm the rumors from earlier this year that she and husband Kanye West are having a third baby.The 60-second clip, which Kardashian West shared on Twitter, features her speaking with sister Kloe Kardashian and then teasing, "What happens every time I say, 'Guess what?'"Khloe Kardashian,33,says it means someone is having a kid."We're having a baby!" Kardashian West then answers.The reality star and businesswoman,36,did not say how they are having the baby or if they are using a surrogate as other outlets reported earlier this summer.E! News,the network that hosts the family's show, also published the baby announcement.This would be the third child for the Wests, who are already parents to daughter North West and son Saint West.Kim isn't the only Kardashian who has been in the media lately regarding an expected baby. Last week, reports surfa…

Gov Godwin Obaseki signs revised 2017 budget into law.

"Edo State Governor Mr.Godwin Obaseki has signed the 2017 budget revised down to 127 billion naira from its previous 150.6 billion into law.The governor said he feels a sense of accomplishment in signing the revised budget into law because with ten months into the fiscal year,a lot has been achieved in infrastructural development of the state.Explaining reason behind revision of the budget,Governor Obaseki emphasized it was to ensure transparency and credibility while being realistic as a government.“It has been a difficult year especially as revenue has not met expectation but this government is doing everything to provide the best service and fulfill its electioneering promises made to the people of Edo State.“We also created additional ministries such as Ministry of Science and Technology and did not want to vire expenditures from one sub head to another,rather we believed in doing things properly”.Speaking further,Obaseki said the revised budget also become necessary because …

Nigerian virrgin singer, Adokiye says she is ready to auction her virginity or lose it.

Adokiye ngozi kyrian yvonne aka Adokiye often talk about how she was able to keep her virginity till her adulthood and she is determined on remaining a virgin until marriage. Recently, her made global headlines after she offered her virginity to islamic militant sec, boko haram, in return for the over 200 abducted chibok school girls, but in an interview with new telegram, the tombolo crooner says she's ready to auction it. Below is an excerpt from the interview>>
Q; if you get the offer, would you auction you virginity for a million US dollar?
A; my brother, I no fit lie to you, if this economy situation continues, well, I would be left with no choice but to do so.
Q; which Nigerian male celebrity are you crushing on that you'd allow to de flower you and why?
A; I love davido, I think he has a good heart and I 'm guessing a lot of people don't know that he's very nic and soft hearted.
Q; why did you decide to offer your virginity to boko haram in exchange fo…