Consider nearness to gas during investment, Oando advises

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The Nation Newspaper Consider nearness to gas during investment, Oando advises

This is because it will aid a huge cut in their operational cost and ensure they benefit from a multiplier effect arising from this., Akinbambo Ibidapo-Obe, gave the advice at a plenary themed ‘Utilising natural gas as a key energy source,’ at the African Natural Resource and Energy Investment Summit, in Abuja.

He emphasised that Nigerians should identify the less utilisation of the gas resources as an opportunity to develop the country’s industrial capacity.“It is essential to build industries where the gas can have a multiplier effect, such as developing the host communities and increasing job opportunities. Many industrial costs are related to continuity.

 

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