FG to build natural gas park in Kogi State
The Federal Government has recently unveiled its plans to set up a compressed natural gas (CNG) park at Ajaokuta Steel Company in Kogi State.Prince Shuaibu Audu, the Minister of Steel Development, shared this information on Monday in Abuja through a statement from his media aide, Lizzy Okoji.
The minister emphasised that this initiative is part of the President’s Renewed Hope Agenda, which seeks to address the challenges faced by Nigerians and support the global move towards energy transition.
The minister stated that this clearly shows the president’s dedication to alleviating the challenges faced by citizens due to the elimination of fuel subsidies.
And to align with global efforts to shift towards environmentally friendly, renewable, and economically viable energy sources. As stakeholders in P-CNGi, the Ministry of Steel Development also has plans for a proposed CNG park within the territories of Ajaokuta Steel Company Ltd. (ASCL).
The CNG Park in ASCL will take advantage of the existing infrastructure, such as the natural gas line from Warri to Ajaokuta and the Metallurgical Training Centre. There are also engineering workshops and a 10,000-hectare housing estate in the Ajaokuta area, along with other amenities.
The minister encouraged other organisations to consider adopting the technology due to its cost-effectiveness and its positive impact on creating a sustainable and healthy environment.
In February, the minister announced the ministry’s plan to implement a three-year road map.
This road map involves gradually revitalising 44 different production units of the steel company by granting concessions to investors.
By Nnaemeka Odenigbo
