To also encourage the private sector to establish industries

The Akwa Ibom State government has said that it will commission a multi-billion naira gas project before the end of the year.

The gas project, which will boost power generation in Nigeria by 1,000 Megawatts, is being executed by a consortium of private investors including Frontier Oil Limited, Gulf Energy Nigeria Limited and Septa Energy Nigeria Limited, in Esit Eket Local Government Area of Akwa Ibom.

Chairman of Frontier Oil Limited, Chief Odoliyi Lolomari, said that the plant has the capacity to produce two million cubic feet of gas, adding that the 62 km gas pipeline from Esit-Eket area to Ibom Power Plant and Aluminium Smelter Company of Nigeria (ALSCON), would also be ready by the end of the year.

The chairman described the plant as an important project and a major milestone in the life of Frontier Oil Limited.

Governor Godswill Akpabio, on his part, said that the project was strategic to the transformation agenda of President Goodluck Jonathan in the power sector.

“When the history of the gas project is written, it would be stated that it was done during the Akpabio administration. This is a practicable step by the private sector to look into gas flaring. Akwa Ibom is proud to partner with you on this project,” he said.

“We will continue to encourage you. We will encourage every private industry, at least one in every local government area, to create employment opportunities for our children.

“We have set aside funds to encourage the private sector to establish industries. The oil and gas industry should also invest in other sectors, particularly the agro-allied industry.”

Also speaking, the Managing Director of Frontier Oil Limited, Dada Thomas, said that the company had made substantial progress in the ongoing development and construction of the Uquo Field gas plant.

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