The federal government has set up a committee to investigate the incessant complaints of inadequate gas to power Nigeria’s thermal electricity generation plants and recommend solutions.
A statement by the Deputy Director (Press and Public Relations), Chris Ugwuegbulam on Thursday, said the move was part of the government’s efforts to address the challenges.
Nigeria has over 206 Trillion Cubic Feet (TCF) of natural gas, but has been unable to tap the resource due mainly to lack of investment in the sector, leading to inadequate gas transportation infrastructure. Even the inadequate infrastructure is routinely vandalised.
The statement added that the Minister of State Petroleum Resources (Gas) Ekperikpe Ekpo and Minister of Power, Chief Adebayo Adelabu, jointly set up the inter-ministerial committee in Abuja.
The committee, the ministry said, will suggest ways and means of achieving a steady and sustainable gas supply to power generating plants to meet both the domestic and industrial needs of Nigerians.
The inter-ministerial committee, the statement stressed, was formed at the end of the meeting between the two ministries.
“At the meeting, Ekpo outlined the challenges causing the low supply of gas to the thermal power plants to include Decade of Gas legacy debts and vandalism of gas resources infrastructures in the Niger Delta Region.
“He also listed domestic pricing of gas in dollars, among others. He expressed his willingness to work harmoniously with any individual, organisation and agency to solve these challenges,” the ministry stated.
Minister of Power, Adelabu in his remarks stated the need for the two ministries to work collaboratively and solve the problem of low gas supply to the thermal power plants.
According to him this was in order to achieve an uninterrupted power supply in the country, stressing that, “there is absolutely nothing can be done in Nigeria without stable power.”
Members of the committee were drawn from the ministries of petroleum resources and power, regulatory agencies, operators and critical stakeholders in the gas and power sectors.
The meeting was witnessed by some directors in the ministries of petroleum resources and power.
Meanwhile, the Nigerian National Petroleum Company Limited (NNPC) on Thursday assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol in the country.
A statement by the Chief Corporate Communications Officer of the national oil company, Olufemi Soneye, urged Nigerians to disregard unfounded rumours and assured them that there are no plans for an upward review of the PMS price.
“Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country,” Soneye stated.
Emmanuel Addeh
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E-AUCTION Some Auction Vehicles/Cars For Sale
Mama Africa #17,000 •Tomatoes Rice # *15,000* •Cap Rice #15,000 •My Food #17,000 •Mama Gold #17,500 •Ade Brazil #15,000 •Elephant Gold #15,000 •Royal Umbrella #15,000 Etc.
Golf3= 500,000.
Camry Tinny-Light=550,000
Tundra 1,300,000
Toyota Exterra=850,000
Toyota Camry big daddy=650,000
Toyota Venza= 1.7million
Toyota Avalon=850,000
Toyota Rav4=950,000
Toyota Prado=1.3million
TOYOTA HILUX=2million
Toyota Sienna=850,000
TOYOTA 4-RUNNER=950,000
Toyota Corolla=650,000
Toyota Matrix= 700,000
Toyota Highlander=950,000
Toyota Picnic=500,000
Tacoma 1.850,000
Toyota Hiace Bus=950,000
Toyota Tundra=1.5million
Toyota Sequola=900,000
BMW 5-series=1.960,000
BMW 3-series=1.640,000
BMW X6=2.670,000
Ford Edge=700,000
Ford Escape=600,000
Honda Elantra=600,000
Honda Baby-Boy=700,000
Dyna Truck 900k
TIPPER Head 6mill
Honda Accord=550,000
Honda CRV=650,000
HONDA CIVIC=500,000
HONDA EVIL-SPIRIT=750,000
HONDA ODYSSEY=500,000
Honda Pilot=850,000
Nissan pathfinder=800,000
Nissan Amanda=750,000
Infinity=950,000
Benz C250=N1.300,000
Benz C300=1.6MILLION
Benz ML350=2 million
Benz ML300=1.5 million
Benz ML550=2.6million
Mercedes-Benz C-Class ₦1.3Million
Mercedes-Benz E-Class ₦1.8Million
Mercedes-Benz GLK ₦3.Million
Es330 1.6
Lexus C5 350=950,000
IS250 1m
Lexus Rx300=1.2 million
Lexus Rx330=1.5 million
Is350 2
Lexus Rx350= 2 million
ES350 2mill
Land Rover Discovery ₦3.2Million
Land Rover Freelander ₦3.6Million
Land Range Rover Sport ₦4Million
Acura MDX ₦1.8Million
Pequot 206=350,000
Pequot 406=470,000
Pequot 607=650,000
.....
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