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JUST IN:
#AKK Gas Pipeline Project Nears 70% Completion
Earlier today, Group CEO @MKKyari, on an inspection tour of one of the #AKKGasPipeline project sites in Ahoko,Kogi State said the project is almost at 70% completion,with over $1.1bn so far released to finance the project.
#AKK Gas Pipeline Project Nears 70% Completion
Earlier today, Group CEO @MKKyari, on an inspection tour of one of the #AKKGasPipeline project sites in Ahoko,Kogi State said the project is almost at 70% completion,with over $1.1bn so far released to finance the project.
GCEO @MKKyari:
"The #AKKGasPipeline is one massive project we are running as @nnpclimited. It has immense value for Nigeria & its socio-economic growth. The project has not stopped for one day. We have continued to fund it despite the absence of third-party financing."
"The #AKKGasPipeline is one massive project we are running as @nnpclimited. It has immense value for Nigeria & its socio-economic growth. The project has not stopped for one day. We have continued to fund it despite the absence of third-party financing."
GCEO @MKKyari:
“We have so far spent over $1.1bn on this project from our cashflow. We are a commercial company today. We have inter-company laws within our company now. This company can fund this project, so we do not need any support to deliver this project now."
“We have so far spent over $1.1bn on this project from our cashflow. We are a commercial company today. We have inter-company laws within our company now. This company can fund this project, so we do not need any support to deliver this project now."
Still on gas, Nigeria building its largest domestic pipeline system ever, the $2.8B, 614km Ajaokuta-Kaduna-Kano pipeline. Will form part of Trans Saharan Gas Pipeline (TSGP). Primary EPC Contractor is Oilserv Limited, whose Chairman, Emeka Okwuosa is from Anambra State.
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My colleague @AjuriNgelale has produced a fantastic report on the #AKKGasPipeline project. It showed tonight on @channelstv, and you can find on YouTube here:
"When Pres. Buhari came to power in 2015, he made domestic gas infra devpt a cardinal project. This project has been on drawing board since 2008,2009. He made it happen. What this project shows clearly is the dedication of PMB to local content & capacity." vanguardngr.com/2020/07/how-aj…
