The Nigerian National Petroleum Corporation, NNPC, has stated that the nation’s aim of attracting investors to its gas utilisation drive and creating value for the economy has been responsible for different gas prices in the domestic market.

The Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation, NNPC, Mr. Bello Rabiu, made this known yesterday, at the just concluded Society of Petroleum Engineers, Nigeria Annual International Conference and Exhibition in Lagos. According to him, “Part of the reasons for the gas master plan is to make the domestic gas market viable and reduce entry barriers. “As incentives, we have one gas price for power, another for industries, so that they can have cheaper energy. Also, there is a different price for gas-based industries such as fertilizers and petrochemicals. This is aimed at arriving at a willing buyer, willing seller model of pricing.” He further stated that,

“The end goal of this is so that Nigerian companies in these industries can compete favourably with companies that produce similar products around the world. In this sense a Nigerian fertilizer manufacturer should be able to compete with other fertilizers makers around the world. “To ensure there is willing buyer, willing seller model in the domestic gas market, the NNPC decided 5 billion standard cubic feet of gas daily, will be able to sustain supply and sufficiency of gas to the domestic market.” Also speaking, the Managing Director, Shell Nigeria Exploration and Production Company, SNEPCo, Bayo Ojulari, said: “If the right people are placed in areas where we want things to be done, this country will move forward.

Apart from human capacity in our oil and gas business, human capacity in diversify economy, is the key element we need to focus on, we cannot do any of this without building human capacity and hence the collaboration with universities must be more solid than it used to be. “In Nigeria, 2 million people enter the labour market every year and the biggest economies around the world are leveraging on their population, if your population is productive. It is a blessing. “But diversification must be focused. We need a diversification roadmap that will integrate Nigeria economy and it should be underpinned as jointly signed by commitment that shows what each of us is going to contribute to building the roadmap, and every year, as we reflect on our performance against that, and we show where we are, and how we are moving forward.

“For Nigeria to diversify its economy, it must leverage on the low hanging fruits, such as, agriculture, petrochemicals, which use gas as its feedstock and more importantly, education and technology. “To reap the benefits of a diversified economy, an enabling environment is needed. This includes security, transparency and accountability, infrastructure (power, pipeline networks) and effective Public Private and Academia (PPA) partnerships.” Chairman and Managing Director, Chevron Nigeria Limited Jeffrey Ewing noted that, “Gas is a big source of economic diversification. It can transform agro based industries through the use of fertilizers. “But to attract the needed investment, we need fiscal terms that incentivise investors. Some companies have supplied gas but have not been paid. We also need fiscal terms that encourage small and medium term projects.”

http://www.akelicious.net/2018/08/why-we-have-different-gas-prices-in.html

Cheeeeeeeeeee.... I dedicate this FCT to my village people.... I don make m on NL

I remember Ibe kachukwu once said that gas cylinder will be distributed to average Nigerian and educate them on how to use it to lower the demand for kerosene...where is our gas cylinder?

Nogodye:
I remember Ibe kachukwu once said that gas cylinder will be distributed to average Nigerian and educate them on how to use it to lower the demand for kerosene...where is our gas cylinder?

E dey for market oya go buy am

OK o

In Nigeria, 2 million people enter the labour market every year and the biggest economies around the world are leveraging on their population, if your population is productive. It is a blessing. “But diversification must be focused. 

That is the way to go.

N

Thieves !!! It's because Election is near that they are blowing grammer

“If the right people are placed in areas where we want things to be done, this country will move forward.

post=70258972:
“If the right people are placed in areas where we want things to be done, this country will move forward. 

Who are now the right people now, Thieves everywhere

Why is nobody discussing the high cost of kerosene, the common man's fuel?

A liter of kerosene is almost N300 the highest its ever been.

One of the reasons I didn't support GEJ was because of high cost of kerosene and then it was barely N200.

Who released dis Mai Suya to start flooding threads again

Dis ppl and talk... Who will put d right ppl where things need to b done?? D man on d streets?? No b una suppose do am ?

naijapips04:
Why is nobody discussing the high cost of kerosene, the common man's fuel?

A liter of kerosene is almost N300 the highest its ever been.

One of the reasons I didn't support GEJ was because of high cost of kerosene and then it was barely N200.

Like play like play d kerosene market itself has become a rip off of d common man as d masses have been left to their fate... Kerosene prices these days is more unstable than d Forex market

Yeye dey smell

Nbote:
Who released dis Mai Suya to start flooding threads again

Dis ppl and talk... Who will put d right ppl where things need to b done?? D man on d streets?? No b una suppose do am ?



Like play like play d kerosene market itself has become a rip off of d common man as d masses have been left to their fate... Kerosene prices these days is more unstable than d Forex market

Gas is even a better bargain

OK

NNPC Mr. Bello Rabiu Hausa



SHELL Mr. Bayo Ojulari, Yoruba

Which of these men are Niger delta?
God will surely find time out of his busy schedule and punish all those who never respect the principle of federal character.

Gas is the future. There's no doubt about it.

post=70258972:
“If the right people are placed in areas where we want things to be done, this country will move forward. 

that means we presently don't have d right people in areas were we want things 2b done, from d presidency down d ladder?

AfroSamurai:
Gas is the future. There's no doubt about it.

we hear that all d time. When we get 2d future, we will still b saying gas is d future just like we always say youths are d leaders of tomorrow

Nwaforj44:

The Nigerian National Petroleum Corporation, NNPC, has stated that the nation’s aim of attracting investors to its gas utilisation drive and creating value for the economy has been responsible for different gas prices in the domestic market.

The Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation, NNPC, Mr. Bello Rabiu, made this known yesterday, at the just concluded Society of Petroleum Engineers, Nigeria Annual International Conference and Exhibition in Lagos. According to him, “Part of the reasons for the gas master plan is to make the domestic gas market viable and reduce entry barriers. “As incentives, we have one gas price for power, another for industries, so that they can have cheaper energy. Also, there is a different price for gas-based industries such as fertilizers and petrochemicals. This is aimed at arriving at a willing buyer, willing seller model of pricing.” He further stated that,

“The end goal of this is so that Nigerian companies in these industries can compete favourably with companies that produce similar products around the world. In this sense a Nigerian fertilizer manufacturer should be able to compete with other fertilizers makers around the world. “To ensure there is willing buyer, willing seller model in the domestic gas market, the NNPC decided 5 billion standard cubic feet of gas daily, will be able to sustain supply and sufficiency of gas to the domestic market.” Also speaking, the Managing Director, Shell Nigeria Exploration and Production Company, SNEPCo, Bayo Ojulari, said: “If the right people are placed in areas where we want things to be done, this country will move forward.

Apart from human capacity in our oil and gas business, human capacity in diversify economy, is the key element we need to focus on, we cannot do any of this without building human capacity and hence the collaboration with universities must be more solid than it used to be. “In Nigeria, 2 million people enter the labour market every year and the biggest economies around the world are leveraging on their population, if your population is productive. It is a blessing. “But diversification must be focused. We need a diversification roadmap that will integrate Nigeria economy and it should be underpinned as jointly signed by commitment that shows what each of us is going to contribute to building the roadmap, and every year, as we reflect on our performance against that, and we show where we are, and how we are moving forward.

“For Nigeria to diversify its economy, it must leverage on the low hanging fruits, such as, agriculture, petrochemicals, which use gas as its feedstock and more importantly, education and technology. “To reap the benefits of a diversified economy, an enabling environment is needed. This includes security, transparency and accountability, infrastructure (power, pipeline networks) and effective Public Private and Academia (PPA) partnerships.” Chairman and Managing Director, Chevron Nigeria Limited Jeffrey Ewing noted that, “Gas is a big source of economic diversification. It can transform agro based industries through the use of fertilizers. “But to attract the needed investment, we need fiscal terms that incentivise investors. Some companies have supplied gas but have not been paid. We also need fiscal terms that encourage small and medium term projects.”

http://www.akelicious.net/2018/08/why-we-have-different-gas-prices-in.html

grammar

naijapips04:
Why is nobody discussing the high cost of kerosene, the common man's fuel?

A liter of kerosene is almost N300 the highest its ever been.

One of the reasons I didn't support GEJ was because of high cost of kerosene and then it was barely N200.

Kerosene is no more common man fuel...the common man has been forced to upgrade to camp gas

If kerosene is really that expensive and people are still using it, isn't something wrong with them?? Shouldn't they know that they should switch to gas?

I don't think simple camp gas burner with small cylinder will cost more than N7k. Why burn N300 per litre of kerosene?

This govt was brought in by
the masses, yet, all their policies
are always anti masses.

They increase everything increaseable
without giving a damn about the people's
capacity to pay.

*Fuel, doubled.
*Gas tripled.
*Kerosene, ten times
*electricity, tripled.
*Customs duty, quadrupled.
*The even attempted backdating car customs duties!!
*Fertilizer, doubled.
*They attempted forcing telecom
companies to double data costs.

The list goes on & on.

They go out of their way to
create & foster poverty on the citizens.

Heartless, clueless govt...

lexy2014:
we hear that all d time. When we get 2d future, we will still b saying gas is d future just like we always say youths are d leaders of tomorrow

expand your mind, you'll understand more.

Nwibii:
NNPC Mr. Bello Rabiu Hausa



SHELL Mr. Bayo Ojulari, Yoruba

Which of these men are Niger delta?
God will surely find time out of his busy schedule and punish all those who never respect the principle of federal character.

God may not listen to your misguided request. Why didn't u surmon this prayer wen Ibe Kachikwu was the chairman of NNPC. Moreover, Shell is a private oil firm(Dutch)
You can ask the chairman; Charles Holiday why he is the chairman and not someone from Niger Delta!

AfroSamurai:
expand your mind, you'll understand more.

is it in ur mind u will use d gas?

lexy2014:
is it in ur mind u will use d gas?

this is why you can't understand my first post.

COMPAQ:
If kerosene is really that expensive and people are still using it, isn't something wrong with them?? Shouldn't they know that they should switch to gas?

I don't think simple camp gas burner with small cylinder will cost more than N7k. Why burn N300 per litre of kerosene?

that's were govts enlightenment comes in. its still all about profiteering not access

AfroSamurai:
this is why you can't understand my first post.

u say gas is d future. D question is when is d future? If ur future is tomorrow, then gas will continue 2b a dream

lexy2014:
u say gas is d future. D question is when is d future? If ur future is tomorrow, then gas will continue 2b a dream

gas is the future simple mean gas will overtake the use of kerosine, charcoal and firewood in the future. All it takes is awareness.

Hope you understand?

AfroSamurai:
gas is the future simple mean gas will overtake the use of kerosine, charcoal and firewood in the future. All it takes is awareness.

Hope you understand?

y hasn't gas overtaken them all this while? In this age we are still talking about kerosene, charcoal & firewood...cause like u said "gas is d future". And d future just like tomorrow never comes

post=70258953:
In Nigeria, 2 million people enter the labour market every year and the biggest economies around the world are leveraging on their population, if your population is productive. It is a blessing. “But diversification must be focused. 

That is the way to go.

you no know where Buhari house dey?
make we dey enjoy the scam na