Witicles Experts Online Articles Directory
     
Witicles Experts Articles Directory Witicles Experts Articles DirectoryWiticles Experts Articles DirectoryWiticles Experts Articles Directory

Welcome, Guest!     Sign Up    Sign In
Sponsored Ads

Create Free Website or Blog with Hubpile

Hands Free Reading with Gimble Traveler






Author Box


Abiola Benjamin ObayomiAbiola Benjamin Obayomi
Real Estate is my Profession. The change we need in Nigeria begins with all of us doing things differently. Collectively, we can make Nigeria work.
Joined 4 years ago
From Ile-Ife, Osun State
Total Articles 241

Recent Articles From Author

# Buhari Anti-Corruption Fight: Is It A Sham?
# The Presidency and A Failed Coup: Let Us Make Sense of It
# Saraki Impeachment Plot: How Easy Can It Be?
# Who Is Afraid of Bukola Saraki?

Namecheap.com Namecheap.com



Become A Witicles.Com Expert Contributor Today



Shop for Books online in Nigeria at kpiBooks.com.ng Order your favourite books online now, Save the stress & Pay online or with cash at Your Doorstep!


We help our esteemed clients develop web strategy that works!
Call us @ +234 803 578 3880




Authors Spotlight
Gboyega Adedeji  Gboyega Adedeji
Gboyega Adedeji is a Veteran Writer on Witicles.comVeteran Author
238 Articles
   I am a Nigerian and an Ambassador of Christ sent to Nigeria for the cause of His Kingdom. By divine-making, I read, teach and ... from Abuja, Nigeria


Free Online Articles Editor  Free Online Articles Editor
Free Online Articles Editor is a Veteran Writer on Witicles.comVeteran Author
137 Articles
   We challenge the minds of people towards mental and attitudinal shift and National transformation. We are the Editorial team of Witicles.... from Abuja, Nigeria


Abiola Benjamin Obayomi  Abiola Benjamin Obayomi
Abiola Benjamin Obayomi is a Veteran Writer on Witicles.comVeteran Author
241 Articles
   Real Estate is my Profession. The change we need in Nigeria begins with all of us doing things differently. Collectively, we can make Nigeri... from Ile-Ife, Osun State


Omolara Adedeji  Omolara Adedeji
Omolara Adedeji is a Veteran Writer on Witicles.comVeteran Author
60 Articles
   I am a kingdom expander and I believe in the testimony of a transformed life as the greatest testimony of all. I am a voice of God for m... from Abuja, Nigeria



Sell Your Books online in Nigeria, Earn 80% from book sales


Top Articles
Top 10 Reasons for Nigeria's Undeveloped Economy
CONSAT: Nigeria DTH Cable Television That Challenges DsTV, MyTV, Startimes and Others
INSIGHTS On Tithes & Offerings from Brother Gbile Akanni
The Pyramid of Friendship: Secret of Effective Relationships
The Quick Fix for Nigeria's Underdevelopment and Unemployment


Recent Articles
Buhari Anti-Corruption Fight: Is It A Sham?
The Presidency and A Failed Coup: Let Us Make Sense of It
Saraki Impeachment Plot: How Easy Can It Be?
Who Is Afraid of Bukola Saraki?
Police Brutality: A Menace To Our Collective Existence


Recent Comments
Aerocity Escorts
Mahipalpur Escorts Link For The Entertainment
3 days ago www.24x7callgirls.com/call-girls-in-mahipalpur.html www.24x7callgirls.com/call-girls-in-dwarka.html www.24x7callgirls.com/call-girls-in-delhi.html www.24x7callgirls.com/call-girls-in-gurgaon.html www.callgirlsaerocity.com

Delhi Escorts
Ghaziabad Call Girls Hi Fi Female Company Escorts in Ghaziabad
3 days ago www.24x7callgirls.com www.24x7callgirls.com/escort-services www.24x7callgirls.com/call-girls-in-gurgaon.html www.24x7callgirls.com/call-girls-in-delhi.html www.callgirlsaerocity.com

Escort Services
ICG Adult Ads - Free Classified Adult Ads Site in India
3 days ago http://www.24x7callgirls.com | http://www.24x7callgirls.com/escort-services | http://www.24x7callgirls.com/call-girls-in-gurgaon.html | http://www.24x7callgirls.com/call-girls-in-delhi.html

Site Clouds
Witicles, Articles, Webnigerians,Experts, Submit Articles, Become A Writer, Writing, Technology, Leadership, God, Government, Management, Nigeria, Society, Culture, Authentic Articles
Social Sharing



Sponsored Ads


Namecheap.com
Article Category >>>Business and Economy

Speaker Dogara: We Must Draw Maximum Benefits From Emerging Gas Economy

By Abiola Benjamin Obayomi       Feb 16, 2017


Speaker Dogara: We Must Draw Maximum Benefits From Emerging Gas Economy

As part of the commitments of the House of Representatives to open up more revenue sources for Nigeria through legislative tools, it has organised a public hearing on bills that focus on how to boost and explore gas utilisation for revenue generation and accelerate private investment in the product.

Declaring the public hearing open at the National Assembly, Speaker of the House of Representatives, Rt Hon Yakubu Dogara, who was represented by the chief whip, Hon Alhassan Ado Doguwa, said the proposed legislation will help to create an enabling legislative order in which gas shall no longer be a footnote of crude oil with the attendant overriding benefits to the Nigerian economy.

He stated that “presently, Nigeria has a proven gas reserve of about 187 trillion cubic feet and with the global drive towards the use of cleaner fossil fuel (gas), we must do everything possible to draw maximum benefits from the emerging gas economy and the global trend on gas resources. Today, the establishment of fertilizer plants, utilization of gas for electric power production and for several significant economic purposes has tremendously heightened interest in gas production.

“Legislations that are required to boost the envisaged level of gas utilization are largely opaque and not robust enough to accelerate private entrepreneurial investment in gas development, production, beneficiation and downstream activities; it is for this reason that the House of Representatives is highly committed to enacting legislation that would attract capital into the Nigerian gas sector.”

Dogara also explained that the Bills seek to establish the much needed legislative framework to free – up Nigeria’s gas deposits from the overarching concentration on crude oil production at the detriment of gas production and are expected to propel the country to give gas development, production and marketing its pride of place.

“If these Bills are eventually enacted into law, they will help create the enabling legislative order in which gas shall no longer be a footnote of crude oil with the attendant overriding benefits to the Nigerian economy.

The gas sector of the Nigerian economy has despite several commercial efforts failed to yield its value chain benefits. The laws in place in Nigeria have continued to make crude oil production the corner stone of the country’s petroleum sector development, with inadequate focus on gas production. This misnomer is quite understandable in view of the fact that at the time of developing the Nigerian petroleum sector, global interest in crude oil production and utilisation far outweighed gas utilization. Indeed, gas was treated as waste. It has even still continued to be flared,” he elucidated.



From Witicles.Com: Thank you for the gift of your time. We appreciate you for reading this article published by Abiola Benjamin Obayomi. Witicles.Com is indeed your partner for your growth, effectiveness and maturity.

713 Views


If you need to re-publish this ARTICLE, please cite this article - (http://witicles.com/speaker-dogara-we-must-draw-maximum-benefits-from-emerging-gas-economy-24526.html) and the Writer (Abiola Benjamin Obayomi)

Do You Find This Article Helpful?


Article Tags: Yakubu Dogara, Economy, Gas, Witicles
Save the Stress, Shop for Books Online in Nigeria - kpiBooks.com.ng
Article Source
Abiola Benjamin ObayomiAbout Abiola Benjamin Obayomi
Abiola Benjamin Obayomi Abiola Benjamin ObayomiAbiola Benjamin ObayomiAbiola Benjamin ObayomiAbiola Benjamin Obayomi

  Real Estate is my Profession. The change we need in Nigeria begins with all of us doing things differently. Collectively, we can make Nigeria work.


Social Sharing

If You Enjoyed This Article; Then, Share It On Your Social Network





     Copy This Short Link To The Article: http://i.witicles.com/kwAZx Speaker Dogara: We Must Draw Maximum Benefits From Emerging Gas Economy Speaker Dogara: We Must Draw Maximum Benefits From Emerging Gas Economy Speaker Dogara: We Must Draw Maximum Benefits From Emerging Gas Economy Speaker Dogara: We Must Draw Maximum Benefits From Emerging Gas Economy



Post Comment


Article Comments

No comment found! Be the first to share your thoughts on this article!



Namecheap.com
Related Articles




Author's Articles

" " " "




Related Books

Living Rich for Less: Create the Lifestyle You Want by Giving, Saving, and Spending Smart

Full Steam Ahead!: unleash the Power of Vision in Your Company and Your Life

Start Your Own Business

The 100 Absolutely Unbreakable Laws of Business Success







My Accounts Categories Useful Links Affiliate Links Follow Us
Witicles.com is not a mere article directory; but Trusted Online Article Directory of syndicated articles on 27 core topics, including health and fitness, finance, business and economy, life improvement, real estate, politics, leadership, management and education. Authors publish articles for free and share knowledge with potential customers.


My Accounts
Account details
Lost Password








News and Society (169)
Self Improvement (135)
Business and Economy (103)
Leadership (102)
Politics (67)
Arts & Entertainment (48)
Health & Fitness (126)
Religion and Kingdom (58)
Real Estate (16)
Computers & Technology (21)
About Us
Advertise With Us
Contact Us
How To Submit Articles
Article Writing Tips
Sitemap





Leadersoil
Hubpile
Pay4ebooks
kpiBooks
Fridayposts
Flickers of Hope Foundation





CentreNDL on Facebook  Facebook

CentreNDL on Twitter  Twitter

CentreNDL on Google+  Google+

CentreNDL Blog  Blog

Send Email to Hubpile  Email