A woman sits next to jerrycans as others queue to buy fuel at a petrol station in Lagos, southwest Nigeria, on December 21, 2017. Less than five days to Christmas, there is anxiety as fuel scarcity bites harder across the country. Observers believe that except by sheer magic or miracle, the scarcity might linger during the Christmas festival and into the New year. The Nigerian National Petroleum Corporation (NNPC) has blamed the current petroleum scarcity in the country on marketers for hoarding and anticipating a price hike of the product, while labour, on its part blames the corporation for limited supply of the product. (Photo by PIUS UTOMI EKPEI / AFP) (Photo by PIUS UTOMI EKPEI/AFP via Getty Images)

Natural gas is essential for promoting industrial development and economic growth, as stated by Mr. Mele Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited.

Speaking on Wednesday, Kyari was part of the public launch of Charles Osezua’s book, “The Rise of Gas: From Gaslink to the Decade of Gas.”The GCEO emphasized how widely accepted gas is as a vital energy source that powers industrial processes and maintains economic growth.

Kyari emphasized the significance of recording Nigeria’s gas industry while being represented by Mrs. Oluwakemi Olumuyiwa, the company’s Head of Relationship and Stakeholder Management.

He emphasised how important it is to put natural gas supply and production first, especially when considering geopolitical dynamics and energy security in the global economy.In a statement released on Wednesday, Olufemi Soneye, the NNPCL spokesperson, said, “With Nigeria boasting substantial gas reserves exceeding 200 trillion cubic feet and a potential to reach 600 tcf, the GCEO said it is pertinent Nigeria leverages the gas resource for sustainable development, energy security, and job creation.

“Kyari claims that the book supports the Federal Government’s “Decade of Gas” initiative, which aims to maximize Nigeria’s abundant gas reserves for both exportation and domestic use.

The head of NNPCL went on to say that the energy company, as a major stakeholder, has been instrumental in pushing the “Decade of Gas” agenda by making calculated investments in vital gas infrastructure, like pipelines and processing plants.

The book’s author, Osezua, thanked the NNPCL for its support of the book launch in his remarks, describing the book’s unveiling as his major contribution to Nigeria’s energy literature.

According to Osezua, NNPCL’s attendance at the event demonstrated the company’s dedication to promoting innovation and knowledge exchange in the gas sector.Afolabi Oladele, the former Group Executive Director of NNPCL and Chairman of the Impact Investors Foundation, also spoke and praised the book for its thorough understanding of the gas value chain, stating that policymakers will find it useful as the world moves toward a more sustainable energy source.

In an effort to provide all Nigerians with access to compressed natural gas instead of gasoline, President Bola Tinubu has declared gas to be the country’s transition fuel.

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