• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Economy

NNPC intensifies gas investment drive ahead of AKK delivery

Quadri Olaitan by Quadri Olaitan
March 1, 2026
in Economy
0 0
0
NNPC

AKK gas pipeline Investment gains momentum as NNPC seeks investors ahead of first gas delivery expected by July 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd), led by its Executive Vice President for Gas, Power and New Energy, Olalekan Ogunleye, has intensified efforts to attract investors ahead of the anticipated first gas delivery from the Ajaokuta–Gwagwalada segment of the AKK pipeline under a renewed AKK Gas Pipeline Investment push.

Also read: Reps back NNPC stake in Dangote Refinery as positive reform

Officials disclosed that the project, a major component of the Ajaokuta–Kaduna–Kano gas pipeline network, is expected to begin supplying gas by July 2026, a milestone widely viewed as transformative for energy access and industrial expansion across northern Nigeria.

Speaking after a stakeholders’ workshop on mini-LNG and L-CNG infrastructure in Abuja, Olalekan Ogunleye said Nigeria had moved decisively from an oil-dependent structure to a gas-led economy aimed at strengthening energy security and economic growth.

Represented by Kachala Suleman at the event convened by Portland Gas Limited, Ogunleye noted that the country’s long-standing oil dominance had given way to a strategic gas-first transition aligned with the national Decade of Gas agenda.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

He stated that NNPC targets increasing national gas production to 10 billion cubic feet per day by 2027 and scaling output to 12 billion cubic feet per day by 2030 to support industrial revival and global competitiveness.

According to him, Nigeria’s proven gas reserves exceeding 210 trillion cubic feet present powerful investment opportunities, while domestic gas supply has already surpassed two billion cubic feet per day, signalling readiness for large-scale industrial utilisation.

The workshop focused on investment prospects tied to a proposed Mini-LNG and L-CNG facility in Gwagwalada, Abuja, designed to strengthen gas commercialisation, transportation reform and decentralised energy distribution.

Ogunleye highlighted rapid growth within Nigeria’s compressed natural gas segment, revealing that more than 300 conversion centres have emerged nationwide alongside over 200 million dollars in private investment commitments.

The national target, he added, is to achieve one million CNG vehicle conversions by 2027.

He explained that the Ajaokuta–Gwagwalada segment of the 614-kilometre AKK pipeline would link northern industrial hubs to reliable gas supply, enabling competitive electricity generation, manufacturing expansion, auto-CNG adoption and large-scale job creation.

“The countdown to July 2026 has begun,” Ogunleye said, noting that the opening of the pipeline would unlock productivity, industrial growth and economic renewal along the corridor.

Chairman of the Presidential Compressed Natural Gas Initiative, Ismaeel Ahmed, represented by Tosin Coker, said Nigeria was building a competitive gas economy capable of lowering transport costs and stimulating domestic manufacturing.

Ahmed emphasised that expanding mini-LNG and L-CNG infrastructure would overcome pipeline limitations by delivering gas to emerging demand centres, industrial clusters and commercial transport fleets.

Also speaking, Chief Commercial Officer of Portland Gas Limited, Michelle Ejiofor, described the Gwagwalada project as a bridge between stranded gas resources and end users seeking affordable and cleaner energy alternatives.

Industry stakeholders noted that sustained AKK Gas Pipeline Investment remains central to Nigeria’s broader energy transition strategy, particularly following petrol subsidy removal and rising fuel costs that have accelerated demand for alternative energy solutions.

Also read: NNPC reduces petrol prices to N740 in Lagos

Analysts say continued investment in pipelines, virtual gas networks and mini-LNG facilities could reshape Nigeria’s energy landscape, improve industrial competitiveness and reinforce long-term macroeconomic stability.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

Tomato
Economy

Tomato prices set to drop during Ramadan, farmers say

by Quadri Olaitan
February 8, 2026
Agege
Acquisitions

Agege sponsors 18 youths for empowering skills training

by Mariam Balogun
May 7, 2026
Tinubu
Economy

Tinubu promises review of tariffs on media materials

by Quadri Olaitan
March 14, 2026
FCCPC
Economy

FCCPC consumer complaints report exposes bank failures

by David Okere
September 11, 2025
Adebayo
News

SDP candidate Adebayo blames Tinubu for Nigeria’s economic struggles

by Mariam Balogun
June 10, 2026

Leave a ReplyCancel reply

UBA bank ad UBA bank ad UBA bank ad

Recent News

Spain

Spain edge Belgium 2-1 to reach World Cup semi-finals

July 10, 2026
Onanuga

Breaking: Onanuga confirms rescue of Oyo kidnapped pupils, teachers

July 10, 2026
NAFDAC

NAFDAC warns against two banned alcoholic energy drinks seized in Ghana

July 10, 2026
NDLEA

NDLEA arraigns 10 over N480bn meth lab operation

July 10, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Spain

Spain edge Belgium 2-1 to reach World Cup semi-finals

July 10, 2026
Onanuga

Breaking: Onanuga confirms rescue of Oyo kidnapped pupils, teachers

July 10, 2026
NAFDAC

NAFDAC warns against two banned alcoholic energy drinks seized in Ghana

July 10, 2026
NDLEA

NDLEA arraigns 10 over N480bn meth lab operation

July 10, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Court

    Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

    0 shares
    Share 0 Tweet 0
  • Rtn. Ubanozie reveals new introduction to RYLA

    0 shares
    Share 0 Tweet 0
  • DG Abidoye hails Ikoyi Metro’s $36,000 polio donation

    0 shares
    Share 0 Tweet 0
  • VeryDarkMan commends EFCC over arrest of suspect in alleged N1.6bn fraud case (Video)

    0 shares
    Share 0 Tweet 0

Just Published!

Spain

Spain edge Belgium 2-1 to reach World Cup semi-finals

July 10, 2026
Onanuga

Breaking: Onanuga confirms rescue of Oyo kidnapped pupils, teachers

July 10, 2026
NAFDAC

NAFDAC warns against two banned alcoholic energy drinks seized in Ghana

July 10, 2026
NDLEA

NDLEA arraigns 10 over N480bn meth lab operation

July 10, 2026
Tinubu

APC confirms Shettima as Tinubu’s 2027 running mate

July 10, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.