Global Energy Show: Ekpo woos Canadian investors
By Emmanuella Anokam
The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo says the path to a sustainable energy future requires partnership, innovation, and a shared commitment to addressing global energy challenges.
Ekpo said this at a reception hosted by the Nigerian High Commission in Alberta, Calgary, Canada, where he is attending the ongoing Global Energy Show.
The News Agency of Nigeria (NAN) reports that a copy of Expo’s speech was made available to newsmen in Abuja by his spokesperson, Louis Ibah.
The minister of state described the Global Energy Show as a platform where the brightest minds and influential leaders in the energy sector converge to brainstorm on sustainable pathways.
He said the gathering offered an opportunity to showcase Nigeria’s immense potential in the global energy landscape, particularly in the gas sector.
“We welcome Canadian businesses and investors to explore Nigeria’s vast opportunities.
“Our government is dedicated to ensuring a stable and conducive environment for investments, with a focus on transparency, efficiency, and mutual benefit.
“Nigeria is blessed with one of the largest natural gas reserves in the world, and is committed to harnessing this resource not only as a catalyst for economic growth, but as a vital component of its energy transition strategy,” Ekpo said.
The minister said in the past few years, the Nigerian government has made substantial strides in creating an enabling environment for investment in the gas sector.
He said initiatives such as the Decade of Gas had been inauguratedto transform Nigeria into a gas-powered economy by 2030.
He also said the Petroleum Industry Act (PIA) 2021 established the Midstream and Downstream Gas Infrastructure Fund (MDGIF).
This, he said provided a strategic framework to remove bottlenecks, incentivise investments and foster a conducive environment for gas infrastructure development.
Ekpo urged private sector investors to see Nigeria as a destination of their choice, highlighting their importance in the journey towards the country’s energy security and sustainability.
“Let us foster deeper connections, share knowledge, and pave the way for a future where our energy collaboration leads to mutual prosperity and a sustainable world,” he said. (NAN) (www.nannews.ng)
============
Edited by Ese E. Eniola Williams
Published By
Has also recently published
General NewsJune 27, 2024Nigeria requires N348trn to address infrastructure deficit -ICRC D-G
BusinessJune 26, 2024Ways and means securitisation responsible for N24trn debt rise – DMO
SportsJune 26, 2024Paris Olympics: We’re ready to surpass previous achievements – NOC
Defence/SecurityJune 26, 2024Recruitment: Okiro urges harmony between PSC, Police
