Imo holds highest proven gas reserve in Nigeria – Sylva

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Timipre Sylva, Minister of State Petroleum Resources, has said that serious efforts are being made to take out 100 million Nigerians out of the poverty level before the next decade.

This is as the federal government reiterated this commitment through the federal ministry of petroleum resources during a two-day national gas expansion programme, (NGEP) in Owerri, Imo State.

According to him, Nigeria is richly endowed with mineral resources specifically crude oil and gas.

He disclose that Imo State holds the highest proven gas reserve in Nigeria with over 200 trillion cubic feet and upsides of over 600 tcf.

He said that gas is a catalyst for socio-economic renaissance .

“The programme is geared towards the implementation of Mr President’s promises to take 100 million Nigerians out of poverty in the coming decade by ensuring that locally produced as well as available, affordable and acceptable fuel is sufficiently supplied across the country,” he said.

Even as the year 2020 had already been declared a year of gas, heads of inauguration of committees on national gas expansion programmes was done on January 16, 2020 but the federal government has declared the year 2020 to 2030 as the decade of gas, he noted.

NGEP , according to him “is an initiative designed to reinforce and to expand gas supply as well as to stimulate demand in Nigeria, through the effective and efficiient mobilization and utilization of all facets of resources and infrastructure in Nigeria”.

NGEP will also promote the use of natural gas as the main energy source for sustained industrialiazation through the establishment of gas based industries, such as petrochemicals, fertilizers, pharmaceuticals , textiles, etc.

He said that the programme had already taken place in Ekiti and Anambra states.

Another objective of NGEP, he explained, is that human capital will be developed and jobs will also be created in the gas subsector.

On the implementation strategy, he said, “while the year 2020 was dedicated to harmonious creation, the year 2021 and beyond is for programme implementation”.

He commended governor Hope Uzodinma for his commitment, passion and support for the programme and enjoined Imo residents to embrace the programme.

Governor Hope Uzodinma who spoke through the Speaker of the State House of Assembly Paul Emeziem, described the programme as that of change, loaded with cost, efficiency and sustainability alternatives among others.

The governor commended the federal government for initiating the programme adding that it is a progress in the area of development and civilization of mankind.

“The federal government has done its bit and it is a process of enhancement and our life process and it will create employment opportunity for our people” he stated.