PIB Guarantees More Gas-To-Power Infrastructure – Omo-Agege
Nigeria’s Deputy Senate President, Senator Ovie Omo-Agege, has said that more gas infrastructure required for power generation would be constructed in various parts of the country going by the provisions contained in the Petroleum Industry Bill.
Speaking during a colloquium on PIB and host communities organised by Facility for Oil Sector Transformation in conjunction with the Order Paper Advocacy Initiative on Tuesday, Omo Agege said the PIB, when passed, would facilitate the widespread development of gas projects to increase power generation in Nigeria.
“With the expected tremendous increase in activities in the natural gas sector that will come with the new bill, there will be massive networking of natural gas infrastructure, particularly upstream and midstream,” said Omo Agege, who was represented at the colloquium by his Chief of Staff, Otive Igbuzor, said,
Outlining some of the benefits of the PIB to the host communities of oil assets, Omo-Agege said it would create a holistic interface with the ongoing deregulation of the petroleum and electricity sectors of the economy.
This would promote the creation of job opportunities both directly and through petroleum and gas-based industries, as well as other ancillary sectors, the Senator said.
By Chibisi Ohakah, Abuja