Close Menu
The Reporters
  • Home
  • News
  • Politics
  • Crime
  • Health
  • Features
  • Economy
  • Environment
  • Entertainment
  • Business
  • Technology
  • Education
  • Sports
  • Tourism
  • Judiciary
  • Judiciary
  • Foreign
  • Agriculture
  • Religion
  • Weather
  • Banking
  • Labour
  • Faith
  • Advertisment
Facebook X (Twitter) Instagram
  • Home
  • Lifestyle
  • Travel
  • Buy Now
Facebook X (Twitter) Instagram Pinterest Vimeo
The Reporters
  • Home
  • News
  • Politics
  • Crime
  • Health
  • Features
  • Economy
  • Environment
  • Entertainment
  • Business
  • Technology
  • Education
  • Sports
  • Tourism
  • Judiciary
  • Judiciary
  • Foreign
  • Agriculture
  • Religion
  • Weather
  • Banking
  • Labour
  • Faith
  • Advertisment
Subscribe
The Reporters
Politics

FG’s N112bn Investments in gas Sector will unleash Nigeria’s gas potentials,says TMV.

AdminBy AdminOctober 4, 2024No Comments2 Mins Read
Spread the love

By correspondent.
The Tinubu Media Volunteers (TMV) has hailed the federal government’s approval of a N112bn funding for the development of Nigeria’s gas sector as a bold move towards entrenching a future of clean energy in the country.

In a statement signed by its Chairman Chukwudi Enekwechi and Secretary Sunday Shedrach Gyungoun, TMV said it was enthused that the government was partnering with indigenous companies to revolutionise the sector.

“We note with excitement the release of N122bn by the federal government to six indigenous gas infrastructure companies with a view to transforming the midstream gas value chain across the country.

“It is our considered opinion that the latest development will not only revolutionise the country’s energy sector but also enable it to be driven by gas.

“We state without equivocation that the use of gas will go a long way to reducing the cost of energy in the country, both domestic consumption and the automotive sector.

“We also see this move as a demonstration of President Tinubu’s commitment to foster business relationships between the government and private sector and help create more jobs locally.

“We acknowledge that the government’s commitment to the development of the gas sector is in tandem with the global move towards clean energy especially as the country has a huge deposit of gas to accomplish it.

“And for us, the cheap cost and energy-friendliness of gas will greatly improve the country’s energy supply and reduce over-dependence on crude oil.

“We therefore commend the Tinubu administration for committing its resources towards unleashing the vast potentials of the Nigerian gas sector,”it added.

TMV also urged the business entities, which benefitted from the funding under the Midstream/Downstream Gas Infrastructure Fund (MDGIF) Promoters Agreement to prove that Nigerian companies have what it takes to develop the gas industry.

Visited 15 times, 1 visit(s) today
Previous ArticleFORMER GOVERNOR YAHAYA BELLO MOURNS SENATOR JONATHAN ZWINGINA .
Next Article IMPI chair, Akinsiju, bags PhD.
Admin

Related Posts

Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025

PVC as Power: Why Continuous Voter Registration Matters in Egbiraland Ahead of Kogi Polls

September 20, 2025

Ododo’s Spokesman Begins Sensitization Campaign on CRV

September 20, 2025

Leave A Reply Cancel Reply

Recent Posts
  • Ogori-Magongo Shines as Back-to-School Support Programme Flags Off
  • Ododo’s N300,000 Lifeline for Doctors: How Kogi is Tackling ‘Japa’ , Reviving Healthcare
  • Bandits Abduct Niger Electoral Commissioner, Ex-UBEB Boss, Others
  • OPWS Troops Crush Bandits, Recover Weapons in Benue
  • False Claims Against Tinubu: Court Adjourns Sowore’s Arraignment to Oct. 27
© 2025 The Reporters. Designed by Domo Tech Media .
  • Home
  • Contact Us
  • About Us
  • Posts
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.