The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has urged members of the governing council of the Midstream Downstream Gas Infrastructure Fund (MDGIF) to collaborate effectively to tap into Nigeria’s vast gas sector potential. Ekpo, who also serves as the chairman of the council, delivered this charge during the inauguration meeting of the MDGIF members in Abuja.
In his address, the minister emphasized the importance of collective effort in leveraging the opportunities within Nigeria’s gas sector, calling upon both domestic and international stakeholders to participate in the endeavor. He underscored the significance of recent executive orders on petroleum sector reform, highlighting their role in boosting investment in the oil and gas sector.
“I call upon all stakeholders, both domestic and international, to join hands with us in this noble endeavor in line with the recently signed executive orders on petroleum sector reform to boost investment in the oil and gas sector. Let us work together to unlock the vast potential of Nigeria’s gas sector and propel our nation to new heights of economic prosperity,” Ekpo stated.
Ekpo noted that the establishment of the MDGIF comes at a critical juncture in Nigeria’s energy landscape, aiming to support the midstream and downstream gas infrastructure in alignment with national aspirations. He emphasized that the MDGIF represents not only a financial instrument but also a symbol of the government’s dedication to fostering an environment conducive to private sector participation and international collaboration.
Furthermore, the chairman of the council emphasized that the MDGIF is more than just a fund; it is a vehicle for progress, a conduit for prosperity, and a catalyst for sustainable development.
The minister’s call to action highlights the government’s commitment to harnessing the potential of Nigeria’s gas sector to drive economic growth and development. The MDGIF, under the leadership of Ekperikpe Ekpo, is poised to play a crucial role in facilitating infrastructure development and attracting investments that will propel Nigeria towards achieving its energy goals and enhancing national prosperity.
