Spear News
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    5 Suspects Arrested for Fake Fertilizer Production in Bauchi

    5 Suspects Arrested for Fake Fertilizer Production in Bauchi

    Dollar To Naira Exchange Rate For Today 23 April 2025

    Naira Rises to N1,620/$ in Parallel Market

    Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

    Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

    Auto Draft

    Q1: Despite Economic Turmoil, Seplat, MTN, 19 Others Generated N6.4trn Revenue

    Auto Draft

    Police Stray Bullet Claims Life of WAEC Student in Ibadan

    CBN Retains Headline Lending Rate at 27.50%

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    What Many Users Don’t Know About iPhone: Hidden Tricks to Free Up Storage

    What Many Users Don’t Know About iPhone: Hidden Tricks to Free Up Storage

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Ballon d’Or: Paris Set to Host Prestigious Award Ceremony September 22

    Europa League Final Offers Financial Saviour for Man Utd, Spurs

    Ballon d’Or: Paris Set to Host Prestigious Award Ceremony September 22

    Ballon d’Or: Paris Set to Host Prestigious Award Ceremony September 22

    AFCON U-20: Nigeria’s Flying Eagles Clinch Bronze after Getting Past Egypt on Penalties

    AFCON U-20: Nigeria’s Flying Eagles Clinch Bronze after Getting Past Egypt on Penalties

    Eberechi Eze’s Early stunner Seals Historic FA Cup Victory for Crystal Palace

    Eberechi Eze’s Early stunner Seals Historic FA Cup Victory for Crystal Palace

    Nollywood Finally Makes It into Cannes Arthouse Film Fold

    Ofili Breaks Women’s 150m World Record in Atlanta

    Ofili Breaks Women’s 150m World Record in Atlanta

  • Lifestyle
    • All
    • Food
    • Health
    • Travel

    400,000 Children in Adamawa Require Nutrition Treatment – UNICEF

    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    NCDC Says Antimicrobial Resistance Deadlier Than HIV, TB, Malaria

    Abia Targets 8,500 Hectares For Rice Cultivation

    POLIO:Gombe Gov’t, UNICEF, WHO Flag Off Vaccine Campaign

    Immunization Week: Vaccines Sustainable, Save 6 Lives Per Minute – UNICEF

    Immunization Week: Vaccines Sustainable, Save 6 Lives Per Minute – UNICEF

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    5 Suspects Arrested for Fake Fertilizer Production in Bauchi

    5 Suspects Arrested for Fake Fertilizer Production in Bauchi

    Dollar To Naira Exchange Rate For Today 23 April 2025

    Naira Rises to N1,620/$ in Parallel Market

    Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

    Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

    Auto Draft

    Q1: Despite Economic Turmoil, Seplat, MTN, 19 Others Generated N6.4trn Revenue

    Auto Draft

    Police Stray Bullet Claims Life of WAEC Student in Ibadan

    CBN Retains Headline Lending Rate at 27.50%

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    What Many Users Don’t Know About iPhone: Hidden Tricks to Free Up Storage

    What Many Users Don’t Know About iPhone: Hidden Tricks to Free Up Storage

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Ballon d’Or: Paris Set to Host Prestigious Award Ceremony September 22

    Europa League Final Offers Financial Saviour for Man Utd, Spurs

    Ballon d’Or: Paris Set to Host Prestigious Award Ceremony September 22

    Ballon d’Or: Paris Set to Host Prestigious Award Ceremony September 22

    AFCON U-20: Nigeria’s Flying Eagles Clinch Bronze after Getting Past Egypt on Penalties

    AFCON U-20: Nigeria’s Flying Eagles Clinch Bronze after Getting Past Egypt on Penalties

    Eberechi Eze’s Early stunner Seals Historic FA Cup Victory for Crystal Palace

    Eberechi Eze’s Early stunner Seals Historic FA Cup Victory for Crystal Palace

    Nollywood Finally Makes It into Cannes Arthouse Film Fold

    Ofili Breaks Women’s 150m World Record in Atlanta

    Ofili Breaks Women’s 150m World Record in Atlanta

  • Lifestyle
    • All
    • Food
    • Health
    • Travel

    400,000 Children in Adamawa Require Nutrition Treatment – UNICEF

    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    NCDC Says Antimicrobial Resistance Deadlier Than HIV, TB, Malaria

    Abia Targets 8,500 Hectares For Rice Cultivation

    POLIO:Gombe Gov’t, UNICEF, WHO Flag Off Vaccine Campaign

    Immunization Week: Vaccines Sustainable, Save 6 Lives Per Minute – UNICEF

    Immunization Week: Vaccines Sustainable, Save 6 Lives Per Minute – UNICEF

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
Spear News
No Result
View All Result
Home News

Nigeria Must Turn Gas Potential into Prosperity – Ekpo

May 7, 2025
in News
Nigeria Must Turn Gas Potential into Prosperity – Ekpo
Share on FacebookShare on Twitter

 

Nigerian government has called for decisive and unified action to unlock the country’s vast natural gas reserves.

Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, disclosed this while delivering a keynote address at the ongoing Offshore Technology Conference hosted by Petroleum Technology Association of Nigeria (PETAN) on Tuesday in Houston, Texas, U.S.

Ekpo reaffirmed the Federal Government’s commitment to transforming Nigeria into a globally competitive, gas-powered economy.

Related ArticlesPosts

No Content Available

The theme of the session is: “Harnessing Nigeria’s Gas Potential for Domestic Utilisation and Global Export Market”.

“Nigeria holds over 210 trillion cubic feet of proven natural gas reserves; Africa’s largest and among the top ten globally.

“This resource is a divine gift, but it comes with a responsibility—to use it for sustainable development, job creation, industrialisation, and global energy security,”Ekpo said.

He said that “potential alone does not generate growth, action does.

The minister commended PETAN for showcasing Nigeria’s innovation on the world stage and emphasised that the country’s Decade of Gas initiative, under President Bola Ahmed Tinubu’s administration, is central to national energy transformation.

According to him, government is investing heavily in gas infrastructurepipelines, processing plants, and distribution systems, to make gas widely accessible for electricity, manufacturing, transport, and home use.

He said that barriers to industrial gas use were also being dismantled, with incentives created for sectors such as fertiliser production and modular gas hubs.

He also spotlighted innovative solutions like Floating LNG (FLNG), and new regional agreements such as the Nigeria–Equatorial Guinea Gas Pipeline, which aim to commercialise stranded gas and boost exports.

Ekpo stressed that innovation and technology, including digital oilfield solutions, low-carbon gas processing, and emissions monitoring, will be key drivers in this transformation.

He called for greater investment in R&D and closer collaboration between academia, startups, and the private sector.

Addressing the financing challenge, the minister noted that Nigeria must make its gas projects bankable and ESG-compliant to attract global investment amid shifting energy transition priorities.

He commended the efforts of Nigeria’s regulatory agencies, the NMDPRA and NUPRC, for fostering investor confidence through transparency and efficiency.

Ekpo emphasised the need for indigenous companies to take the lead in this new energy era.

“The future of gas in Nigeria is not just for multinational corporations, it belongs to every capable Nigerian entrepreneur ready to act.”

“Nigeria’s gas potential is vast, but it is only through decisive, collective action that we can transform that potential into prosperity—both for our people at home and for our position on the global stage,”he added. (NAN)

Tags: Gas
ShareTweetShareShare
Previous Post

FG Inaugurates NYSC Reform Committee to Review Policies

Next Post

Dahiru Bauchi Foundation Kick-starts Annual National Quranic Competition in Bauchi

Related Posts

5 Suspects Arrested for Fake Fertilizer Production in Bauchi
News

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

Dollar To Naira Exchange Rate For Today 23 April 2025
Business

Naira Rises to N1,620/$ in Parallel Market

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic
News

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Next Post
Dahiru Bauchi Foundation Kick-starts Annual National Quranic Competition in Bauchi

Dahiru Bauchi Foundation Kick-starts Annual National Quranic Competition in Bauchi

Discussion about this post

  • Trending
  • Comments
  • Latest
Okpella Demands Fresh Community Development Agreement with BUA Cement

Okpella Demands Fresh Community Development Agreement with BUA Cement

Atiku Joins SDP as Supreme Court Rules in Anyanwu’s Favour

Atiku Joins SDP as Supreme Court Rules in Anyanwu’s Favour

There Will Be No ‘Sacred Cows’ – Edo Monarch Vows Justice for Slain Youth

There Will Be No ‘Sacred Cows’ – Edo Monarch Vows Justice for Slain Youth

Edo Community Gets New King After Six-Year Wait

Edo Community Gets New King After Six-Year Wait

El-rufai Holding On for a Better Deal?

El-rufai Holding On for a Better Deal?

Senator Natasha Slams Akpabio with N100b Defamation Suit

Senator Natasha Slams Akpabio with N100b Defamation Suit

Kaduna State Hosts Launch of Free to Shine Campaign to Combat HIV/AIDS, Syphilis, Hepatitis

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

Dollar To Naira Exchange Rate For Today 23 April 2025

Naira Rises to N1,620/$ in Parallel Market

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Over N14 Trillion Padded in 15 Years: How Nigeria’s Budget Became a Feeding Trough

Recent News

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

Dollar To Naira Exchange Rate For Today 23 April 2025

Naira Rises to N1,620/$ in Parallel Market

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Over N14 Trillion Padded in 15 Years: How Nigeria’s Budget Became a Feeding Trough

Spear News

The Spear News – Piercing the Truth
Delivering accurate, in-depth, and unbiased news, The Spear News is committed to uncovering the truth and keeping you informed. Stay ahead with credible journalism that cuts through the noise.

Follow Us

Browse by Category

Recent News

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

5 Suspects Arrested for Fake Fertilizer Production in Bauchi

Dollar To Naira Exchange Rate For Today 23 April 2025

Naira Rises to N1,620/$ in Parallel Market

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Nigerian Reps Approve 10-year Security for Journalist who Exposed Fake Degrees in Benin Republic

Over N14 Trillion Padded in 15 Years: How Nigeria’s Budget Became a Feeding Trough

© 2025 The Spear News Nigeria

No Result
View All Result
  • Home
  • News
  • Tech
  • Entertainment
  • Lifestyle
  • Contact Us
  • About Us
  • Privacy Policy

© 2025 The Spear News Nigeria