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  • $16bn Gas City project the game changer for Africa – Ogeah
 

$16bn Gas City project the game changer for Africa – Ogeah

$16bn Gas City project the game changer for Africa – Ogeah

by magna / Wednesday, 28 January 2015 / Published in Capital Market News

oil_and_gas

From PAUL OSUYI,  Asaba

The $16 billion Gas City project and Export Processing Zone at Ogidigben in Warri South-West Local Government Area of Delta State has been described as the game changer in the economic transformation of the entire African continent.

Commissioner for Information in the state, Chike Ogeah, who stated this in Asaba, said the project, when completed, would be an accumulation of every material needed for industrial revolution.

This is coming on the heels of the directive issued by President Goodluck Jonathan to Delta State government to work out a suitable date in collaboration with the Federal Ministry of Petroleum Resources for the groundbreaking ceremony before May 29.

President Jonathan had during an unscheduled visit to the Olu of Warri explained that the groundbreaking ceremony was suspended last year for security reasons.

Speaking on the development, Ogeah said the project would be of immense economic impact on the African continent, as well as be a turning point for the challenge of unemployment by creating jobs for Nigerians.

“That project, yes we are lucky that we have the site where all the hydro-carbon, gas and everything you need are located in Delta but really it is a Nigerian project with a continental impact.

“It will be the game changer for Africa not just West Africa; that is how large the project is. It will create so many jobs for Nigerians; it will be one of the turning points of what we know to be our greatest challenge, which is massive unemployment,” he said.

Source : SunOnline

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