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Nigerian Government, 10 Equity Partners Sign Pact To Bolsters Nigeria’s Gas Sector

As part of moves towards unlocking the full potential of Nigeria’s gas sector, the Federal Government through the Midstream and Downstream Gas Infrastructure Fund (MDGIF) on Thursday signed partnership agreement with 10 new equity partners.

Rt. Hon. Ekperikpe Ekpo, Minister of State, Petroleum Resources (Gas) and Chairman of MDGIF, while speaking during the event in Abuja, described the signing ceremony as a reflection of not only the alignment of national priorities with practical action but also the profound dedication to fostering growth, enhancing energy security, and building a resilient economy for generations to come.

According to the Minister, through strategic partnerships and robust investment frameworks like the Midstream and Downstream Gas Infrastructure Fund, the administration underscores its resolve to place Nigeria at the forefront of global energy transition efforts.

Hon. Ekpo urged all partners to ensure that projects are completed promptly, adhering to the highest standards of professionalism, and in a transparent and accountable manner, emphasizing the need to act decisively and avoid the traps of sluggishness.

“As we celebrate this milestone, it is imperative to emphasize the significance of focus, efficiency, and transparency. The citizens of Nigeria are observing and relying on us to deliver results.

” I urge all partners to ensure that projects are completed promptly, adhering to the highest standards of professionalism, and in a transparent and accountable manner. We must act decisively and avoid the traps of sluggishness.

“This situation demands an approach that is far from business-as-usual.

“The future of Nigeria’s gas economy, and the success of this Fund, will be judged not by the documents we sign, but by the results we deliver: pipelines laid, facilities commissioned, jobs created, and energy supplied to millions. Let this be our collective measure of success.

“I would also like to commend the members of the Governing Council and Executive Director of the MDGIF for your tireless efforts in reaching this significant milestone.

Your diligence and commitment are the foundation of today’s success. As the saying goes, “the reward for a job well done is more work.” We trust that you will continue to carry this momentum forward.

“As we stand on the precipice of transformation, it is essential to reflect upon the magnitude of this endeavour and the responsibilities that come with it.

The projects endorsed today are not mere abstractions; they represent the cornerstone of a new chapter in Nigeria’s energy narrative.

Our ambition must be matched by meticulous execution, and our vision translated into tangible outcomes.

“This Fund, and the partnerships it fosters, will pave the way for integrated gas infrastructure, bridging gaps that have long hindered progress.

These advancements will not only connect regions but also create a ripple effect of opportunities across industries.

From agriculture to manufacturing, and even digital innovation, the impact of a robust gas sector reverberates far beyond energy.

We are at a pivotal juncture, where every decision and every effort counts toward a shared national goal.

Let us channel our collective expertise and determination to set benchmarks that inspire confidence and pride, not just within Nigeria but on a global scale. Each pipeline laid and facility inaugurated becomes a testament to our resolve and ingenuity.

“As this initiative progresses, it will inevitably encounter challenges. But it is through perseverance and a shared commitment to excellence that we can turn obstacles into stepping stones.

Through collaboration with our equity partners, we can achieve what was once deemed unattainable, making Nigeria a beacon of sustainable energy transformation — hence, “From Gas to Prosperity.”

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