BUSINESS & ECONOMY
Investments In Delta State Safe, Secure, Says Gov. Oborevwori
Delta State Governor, Rt. Hon. Sheriff Oborevwori stated on Wednesday that investments in the state were safe and secure, as Delta remained a top choice for investors from across the country.
Governor Oborevwori made this statement during the inauguration of AHL Gas Processing Plant 2 in Othe Gbe-Ani community, Kwale, Ndokwa West Local Government Area of the state.
He stated that the AHL-GPP2, a joint venture between SEEPCO and NNPC Limited, was a clear indication that investments in the state were secure and that the state was the first port of call for investors.
He praised President Bola Tinubu for his extraordinary political will and wisdom in confronting the nation’s challenges and hoped that under his leadership, Nigeria would achieve the much-desired goal of becoming a strong, prosperous, and united nation.
He stated, “As you inaugurate the AHL Gas Processing Plant, GPP2, here in Kwale, Delta State, this event marks a significant milestone for the country, particularly for the people of Delta State.
“The GPP2 represents a significant step forward in our efforts to unlock the potential of Nigeria’s natural gas resources, particularly in the energy sector.
“With its ability to produce high-quality gas, this facility serves as a beacon of hope and prosperity for our country, as the clean gas produced in this plant will be transported via the OB3 Gas pipeline, maximising our distribution network and ensuring efficient gas delivery to various destinations.
“This event will strengthen our energy security while also stimulating economic growth, creating job opportunities, and raising the standard of living for our people.
“As we commemorate this historic occasion, we must also look to the future with hope, as construction on the GPP3 is already underway.
“This demonstrates that investments in Delta State are secure, and the state is the first port of call for investors.”
President Bola Tinubu, who inaugurated three critical gas infrastructure projects undertaken by SEEPCO, the Nigerian National Petroleum Company Limited (NNPCL), and its partners, stated that the projects’ commissioning was consistent with his administration’s commitment to significantly leveraging gas to grow the Nigerian economy.
The president has commissioned three projects: the AHL Gas Processing Plant 2 (GPP – 2) – 200mmscf/d, which is an expansion of the Kwale Gas Processing Plant (GPP – 1); the AHL Gas Plant, which is being developed by AHL Limited, an incorporated joint venture owned by NNPC Limited and SEEPCO; and the ANOH-OB3 CTMS Gas Pipeline Project.
Speaking at the event, President Tinubu stated that the three critical gas projects support the Federal Government’s efforts to extract more value from the country’s gas assets while eliminating gas flaring.
He stated that the projects have been accelerated since the administration’s inception to achieve the overall goal of deepening domestic gas supply as a critical enabler for long-term economic growth.
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