Lets Utilize Our Gas Reserve for Enhanced Economy – Dogara

Nigeria is possibly a country where most natural resources are laying fallow or waste hence, the call by The Speaker of the House of Representatives, Yakubu Dogara for utilisation of the country’s 187 trillion cubic feet gas reserve for the betterment of the citizenry and economy, Guardian reports.

The call was made at 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. The speaker expresses regrets on the fact that Nigerians are yet to feel the many benefits of the industry.

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.”The bills were sponsored by the chairman, House Committee on Gas Resources, Frederick Agbedi with the aim of  engendering accountability and transparency in the sector.It’s rather unfortunate that Nigeria has so far focused on oil at the expense of other resources lying fallow or waste. The earning potential in all abandoned resources are huge and it’s high time we harnessed what we have so as to be able to make life worthwhile for the citizenry.