The Nigerian National Petroleum Corporation (NNPC), has said it would support ongoing initiative by the Federal Government to diversify the nation’s economy through agriculture by providing the needed fulcrum for the attainment of a beneficial relationship between agriculture and industries.
Speaking at the NNPC Special Day in the ongoing 40th Kaduna International Trade Fair in Kaduna on Thursday, Group Managing Director of the corporation, Dr. Maikanti Baru, said as the national oil company, the NNPC would continue to provide the enablers for the actualization of Nigeria massive agricultural potentials.
The NNPC GMD, in a presentation entitled: Consolidating the Interface between Industry and Agriculture for Nigeria’s Sustainable Development –the Role of NNPC, listed some of the achievements of the NNPC to include the provision of gas to power industries as captured in the 614km Ajaokuta-Abuja-Kaduna-Kano Pipeline (AKK) Project which process of award began in July 2017.
He added that in order to bridge the medium term domestic gas supply deficit by 2020, seven Critical Gas Development Projects (7CGDPs) had also been identified, saying that the desired outcome of this initiative would boost domestic gas supply from about 1.5bscf/d to 5bscf/d with a corresponding 500 per cent increase in power generation to buoy capacity utilization of industries.
The NNPC GMD remarked that the 7CGDPs were at different stages of development with Assa North-Ohaji South (ANOH) project ahead of others.
Dr. Baru explained that NNPC had executed Memoranda of Understanding for the development of fuel-ethanol processing plants with several State Governments in the Country, among which are Kogi, Yobe and Ondo.
He said some of these projects were expected to yield cane mills and raw and refined sugar plants of various tonnages, even as some would generate sizable megawatts of power as well as starch and animal feeds.