Business Dangote Explains Plans to Triple Nigeria's Gas Supply, Stable Power Supply Looms

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LequteMan

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Africa's richest man, Aliko Dangote, has explained that his company has embarked on actions that'll triple Nigeria's gas supply.

Nigeria depends on natural gas for about 80 per cent of its electricity generation, but the country suffers from gas supply shortfall to its power plants.

Dangote Group is building a 1,100-kilometer pipeline which would give the country three billion cubic feet of gas, compared to the nation’s current consumption of one billion cubic feet.

“We are doing a gas pipeline through the sea, 550 km each for two lines, which is about 1100km from Bonny to here (Dangote Industries Free Zone, Lekki, Lagos). And that will give us three billion cubic feet of gas," Aliko Dangote said.

"At the moment today, the entire consumption of Nigeria is one billion cubic feet. So, we are going to triple that all at a stretch.” Dangote said.

“We are going to evacuate through the gas pipeline. Anybody who has gas can tap into our gas pipeline and it will come down here and we will now connect to other areas going to the North, like Ajaokuta area, the west, Ogun and others.”
 

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who owns Nigeria? This is madness to give one person so much power in the country regardless of the beautiful cache of the Forbes list for African Billionaires. We still have 179,999,999 people in the country [USERGROUP=16]@Panel[/USERGROUP] [USERGROUP=15]@News Hub Team[/USERGROUP]
 
Nigerians don't care. As long as someone is doing all the work and they're getting cheap power supply or gas supply. Or both.
 
who owns Nigeria? This is madness to give one person so much power in the country regardless of the beautiful cache of the Forbes list for African Billionaires. We still have 179,999,999 people in the country [USERGROUP=16]@Panel[/USERGROUP] [USERGROUP=15]@News Hub Team[/USERGROUP]
Let the remaining 179,999,998 (that's minus me :D) stand up, set up businesses, befriend politicians, bribe their way through and become established. We would give them the power.

As for now, na Dangote be the real deal.
 
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