Thread by @ose_anenih

@saniyusuf Happy to break it down for you:

1. The industrialization of the North argument. Not a business-case focus on the SW and Lagos, or SE, or even industrial gas-powered clusters in the ND? What competitive advantage does Kano hold in the production of petrochemical goods?

@saniyusuf 2. We have existing gas-fed power plants struggling with gas supply and transmission. We don’t have light. Common sense would suggest all funds be users to solve those immediate problems if the aim is truly to kickstart an industrial revolution.

@saniyusuf 3. As an aside he mentions the wasteful prospecting of oil in the North by NNPC, then justifies the viability of the pipeline by saying demand for oil will dry up. You can’t eat your oily cake and have your gas pie.

@saniyusuf 4. We will NEVER be able to compete with Russia for the supply of oil to Europe. Gas prices trended below zero during this pandemic, and even before then were being driven down by American ‘freedom’ LNG exported for the singular reason of ‘liberating’ Europe.

@saniyusuf 5. We have a similarly grand idea that this AKK-Europe pipeline is light-backing off: the West African Gas Pipeline, built to supply gas to Benin, Togo, and Ghana.

Read about the challenges, particularly the cost of transporting LNG over long distances

amp.ft.com/content/5b049e…

@saniyusuf And this just off a 140 second clip. Like I said, it’s problematic that we think this is a viable project for Nigeria.

And let’s just pretend for one second that Nigeria will be able to deliver cheap piped LNG to Europe, you think Putin will just sit back and clap for us?😂

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