June 24, 2021

NEWS AGENCY OF NIGERIA

Africa's Media Giant

Decade of gas: FG inaugurates committee to develop roadmap.

Chief Timipre Sylva, Minister of State for Petroleum Resources

Chief Timipre Sylva, says he has inaugurates a three-tier committee  to help develop a roadmap for the implementation of gas powered economy

By Edith Ike-Eboh

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says he has inaugurates a three-tier committee  to help develop a roadmap for the implementation of gas powered economy in the county.

Sylva disclosed this at the ongoing 4th Nigeria International Petroleum Summit (NIPS) in Abuja on Thursday.
The theme of the conference is ” From Crisis to Opportunities, new approach to future of hydrocarbon”
The minister said that the committees include committe of sponsors,  a steering committee and a working team.
” From the feedback I got,  stakeholders  and the Nigerian people are fully  in support  of the government’s Natural gas Agenda and the quest to use the resources to turn country around.
” We cannot afford any delay and we need to hit the iron while it is red hot.
” I want to believe  that the roadmap and action plan to deliver on the expectations of a gas powered economy by 2030 developed from the earlier meeting is part of the agenda of the session.
“In this regard,  on June 2nd,   I inaugurated the three tier structures to develop this roadmap comprising of a committee  of sponsors,  a. steering committee  and a Working team.
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“The committee of sponsors is to be chaired by the Minister of State for Petroleum, the Group Managing of the NNPC, Chairman of Oil Producting Trade(OPTS), Managing  Director of the NLNG,  Director of Department of Petroleum Resources (DPR) and a representative of Minister of Finance  as a member,” he said.
According to him, a consultant  will provide programme  and project management services across the three tiers.
He added that the final roadmap would  be a combination of all efforts and previous work done by the ministry,  NNPC,  DPR,  Standards Organisation of Nigeria (SON), NIPS among others and would be coordinated by the consultant  into one consolidated report.
” I want to see a holistic  roadmap and action plan that provides the appropriate  leverage for the way forward in delivering  the decade of gas vision.
“The critical milestone that must be achieved  should be clearly stated with short to medium and long term strategies.  There should be defined and detailed activities,  actions,  timelines and shared responsibilities,”  he added.
He assured that the Ministry of Petroleum  Resources  was ready to play its part and follow its shared responsibility through.
He noted that President Muhammadu Buhari had demonstrated enough zeal to leave no doubt that his vision of using  the country’s vast natural  gas resources  to lift Nigeria into the league of top industrialised nations in the next decade is not a matter of Rhetoric.
“I do not expect everything in this journey to be a smooth sail,  however,  with the kind of determination I have seen so far demonstrated by his administration on natural gas related issues, there is no challenge along the way that will be too difficult to surmount,” he added (NAN)
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