The Speaker of the House of Representatives, Yakubu Dogara, has advocated for the robust utilisation of Nigeria’s 187 trillion cubic feet gas reserve for the betterment of the citizenry and economy.
Opening a public hearing yesterday in Abuja on two bills seeking to establish the Nigerian Gas Processing and Marketing Regulatory Board as well as the National Gas Resources Development Agency, Dogara regretted that the value chain benefits of the industry were yet to be felt by Nigerians.
Represented by the Whip of the House, Garba Ado Doguwa, he pointed out that extant laws laid so much emphasis on crude oil production at the expense of gas exploitation.
His words: “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, we must do everything possible to draw maximum benefits from the emerging gas economy.”
Giving a synopsis on the general principles of both bills, the sponsor and chairman, House Committee on Gas Resources, Frederick Agbedi, noted that the move was aimed at engendering accountability and transparency in the sector.
Also yesterday, the nation’s number four citizen warned against the exploitation of Nigerians as the country transits from analogue to digital broadcasting.
Speaking at the investigative hearing of the Sunday Katung-led Adhoc Committee on the process of digital switchover in the country yesterday in Abuja, he noted that there were allegations that the exercise had been marred by procedural irregularities, inconsistencies and misappropriation of funds for the project.