July 21, 2024
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OIL & GAS

Nigerian Government Highlights Economic Impact of AKK Gas Pipeline Project

The Federal Government of Nigeria has emphasized the significant positive impact of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project on Nigeria’s economic growth and industrialization.

This announcement was made during a visit by three cabinet ministers to the AKK Gas Pipeline Project Site, where they inspected the River Kaduna crossing milestone in Kaduna on Friday.

The visit included Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Minister of Information & National Orientation, Mr. Mohammed Idris Malagi; and Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo.

The ministers assessed the progress and potential benefits of the project, with NNPC Ltd. Group CEO, Mr. Mele Kyari, assuring Nigerians that the project will be completed by the end of the first quarter of 2025.

During the site visit, Mr. Wale Edun described the AKK Gas Pipeline as a critical infrastructure project pivotal to Nigeria’s economic growth and industrialization. “The AKK Gas Pipeline is crucial for this administration and its delivery is in line with Mr. President’s strategy of bringing prosperity to the people,” he stated.

Minister of Information and National Orientation, Mr. Mohammed Idris Malagi, remarked that the AKK Gas Pipeline Project is a clear indication that the Federal Government’s “Decade of Gas” initiative has commenced in earnest.

“Nigerians should be proud of the AKK Gas Pipeline project. With the delivery of this project, the prosperity that Mr. President is always talking about is unravelling right here before our eyes,” Malagi added.

Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), highlighted the project’s role in harnessing Nigeria’s abundant gas resources to improve power generation, revive industries, and create employment opportunities.

He urged all stakeholders to support NNPC Ltd. in delivering the project and other gas initiatives.

Kyari confirmed that major segments of the project have been completed and expressed confidence in meeting the delivery deadline.

“Without promising too much, we assure you that this Project will be delivered on schedule. Our mission is to work towards delivering it by December this year. But we are confident this project will be delivered by 1st Quarter of 2025,” Kyari said.

The Governor of Kaduna State, Mallam Uba Sani, represented by his Deputy, Dr. Hadiza Sabuwa Balarabe, expressed the state’s enthusiasm for the project’s completion, noting its potential to revive moribund factories and spur economic growth in the region.

The AKK Gas Pipeline is a 40-inch by 614 km pipeline system running from Ajaokuta in Kogi State to Kano, designed to transport natural gas to off-takers in Abuja, Kaduna, and Kano, featuring associated intermediate and terminal gas facilities.

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