The federal government has unveiled the Nigerian Content Development and Monitoring Board gas hub on a 10.6-hectare piece of land, which was earlier proposed as a pipe mill for the oil and gas industry in 2013.
Sylva stated that the project was in furtherance of the efforts of the President Muhammadu Buhari’s administration to diversify the Nigerian economy by developing the country’s huge gas resources across the entire value chain. According to him, “The location of this land is close to the Gbarain Gas Plant that produces more than one billion standard cubic feet per day of gas. That will provide opportunities to leverage on the proximity to activate value-adding initiatives and lead to industrialisation and multiple economic activities.”