Buhari Charges Nigerians On Gas Resources

President Muhammadu Buhari has re-awakened Nigerians on the huge potential of exploiting gas resources to turn around Nigeria’s economy.
The President had earlier, on March 29, participated virtually in the 2021 Nigeria International Petroleum Summit Pre-Summit Conference and official launch of the Decade of Gas.
The president re-assured that his administration would utilise the huge gas resources in Nigeria to uplift the country’s economy and drive industrialisation in Africa’s most populous nation.
The Tide reports that oil-rich Nigeria, which is also Africa’s top economy, has one of the largest gas reserves in the world.
Buhari said that given Nigeria’s reserve of about 600 trillion cubic feet of gas, the commodity has enormous potential to diversify Nigeria’s economy.
‘‘The rising global demand for cleaner energy sources has offered Nigeria an opportunity to exploit gas resources for the good of the country.
“We intend to seize this opportunity,’’ he stated.
The president also told participants at the conference that his administration had prioritised gas development and recorded remarkable progress.
“It is well known that Nigeria is a gas nation with a little oil but the country has focused on oil over the years.’’
‘‘That is the paradox which this administration decided to confront when we declared the year 2020 as “The Year of Gas” in Nigeria.”