By Femi Adesina
One thing good is already occurring. One thing marvelous is in retailer, as Federal Authorities kickstarts the $2.eight billion Ajaokuta-Kaduna-Kano (AKK) Nationwide Fuel Pipeline Mission subsequent Tuesday. It’s one other humongous signature milestone by President Muhammadu Buhari, which is able to go away his footprints inexorably on the sands of time.
Roads. Bridges. Rail. Airports. Social Funding. And lots of others. Buhari is doing nice issues, which is able to pedestal him within the pantheon of nice Nigerian leaders. And now, he has struck once more. He’s kicking off the AKK pipeline undertaking, which is able to carry fuel between the southern and northern elements of the nation. The undertaking will ultimately prolong to North Africa.
The Nigerian Nationwide Petroleum Company (NNPC) initially introduced tenders for the undertaking in July 2013. A undertaking proposal was submitted to the Infrastructure Concession Regulatory Fee in June 2017, and the Federal Govt Council granted approval in December 2017. I let you know, this President Buhari has the center of a lion.
If the intention was to proceed to run the NNPC as an automatic teller machine (ATM), as now we have seen earlier than on this nation, will such staggering undertaking ever be permitted, to not speak of taking off? And a few persons are nonetheless asking for Change, when it’s proper earlier than their very eyes.
The 614 kilometers-long nationwide fuel pipeline is Part One of many Trans-Nigeria Fuel Pipeline (TNGP) undertaking, to be achieved on construct and switch public-private-partnership. It’ll transport 3,500 million metric commonplace cubic ft per day of dehydrated fuel from a number of fuel gathering tasks positioned in southern Nigeria.
The undertaking will likely be in three phases. Part One is 200 kilometers-long, between Ajaokuta and Abuja, at a projected price of $855 million.
Part Two is 193 kilometers-long, between Abuja and Kaduna, to price an estimated $835 million, whereas Part Three is 221 kilometers-long, between Kaduna and Kano, at an approximate price of $1.2 billion.
The undertaking will ultimately attain North Africa in subsequent phases.
What is going to AKK pipeline undertaking do for Nigeria? Nice and fantastic issues. It’ll create regular and assured fuel provide community between the North and South, and can improve energy technology capability. The commercial sector will likely be strengthened, native utilization of fuel will likely be promoted and elevated, and the nation’s income technology boosted by way of export of pure fuel.
Nigeria is ranked the seventh most endowed pure fuel nation on the planet. She sits on about 180 trillion cubic ft of pure fuel deposits, which could be utilized as fuel to energy, fuel to petrochemicals, liquefied pure fuel (LNG), liquefied petroleum fuel (LPG), compressed pure fuel (CNG), amongst others.
Through the years, Nigeria has exploited its oil sources extra, to the detriment of fuel, which by the way fetches extra income, however can be dearer to prospect.
One huge benefit the typical Nigerian can look ahead to is the evolvement of compressed pure fuel (CNG), which remains to be at pilot stage within the nation.
Whereas presenting his efficiency report back to the Federal Govt Council just lately, Minister of State for Petroleum, Timipre Sylva, spoke extensively about CNG, and what it will probably do for Nigeria as a substitute for petrol.
He listed the challenges of the oil and fuel sector to incorporate; under-recovery, crude theft, insecurity, excessive price of manufacturing, very low LPG penetration, refineries shutdown, lengthy contracting cycle, amongst others.
Sylva harassed that the oil and fuel sector stays important to the Nigerian financial system, at the same time as we attempt to diversify. He recognized CNG and LPG penetration as precedence.
Stated the Minister: “The swap to CNG will assist scale back the burden of petrol subsidy on the funds of the nation, and authorities ought to encourage Nigerians to make use of CNG as gasoline for transportation.”
CNG started as a pilot undertaking within the nation in 2006, however goal for conversion workshops was not met until 2015. About 4,000 autos run on CNG in Benin, Edo State, and it’s about 50% cheaper than petrol.
Automobiles working on CNG, statistics present, save about N1,143 day by day, in contrast with petrol. This quantities to over N30, 000 month-to-month. The price of changing the automobile can thus be recovered inside six months.
Fuel is cleaner vitality, cheaper than petrol, and extra pleasant to the atmosphere. World warming will, due to this fact, be slowed down.
Greater than 175,000 autos run on CNG in America as we speak, and 23 million worldwide. Nigeria will be a part of the quantity, and increase productiveness.
The Buhari signature tasks will stay landmarks in Nigeria. Assist me depend them: Roads, rail, bridges, airports, agriculture, AKK… and will extra.
Certainly, we are going to all the time bear in mind this President for good.
Adesina is Particular Adviser to President Buhari on Media and Publicity