President Muhammadu Buhari on Monday announced that one of the objectives of his administration is to transform Nigeria into an industrialized nation with the help of the gas sector.
The president stated this in Abuja, at the virtual launch of the 2021 Nigeria International Petroleum Summit, tagged ‘the Decade of Gas’.
He said his administration would fully utilize the enormous gas resources in the country to uplift and diversify Nigeria’s economy.
Also speaking, the Minister of State for Petroleum Resources, Chief Timpre Sylva, underscored the need to drive domestic gas utilization to boost Nigeria’s economy.
The Minister however said that over 120 million Nigerians are experiencing energy poverty, despite the huge natural gas resources in the country.