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PANDEF hails Tinubu over 15-year gas supply deal for Nigeria’s first floating LNG project
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National Accord Newspaper
Pan Niger Delta Forum (PANDEF) has praised President Bola Ahmed Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited, describing the decision as a major milestone that will accelerate industrial development in the Niger Delta and strengthen Nigeria’s gas economy.
According to the regional socio-political body, the approval marks a significant step towards unlocking the economic potential of the Niger Delta through gas-based industrialisation.
PANDEF noted that the multi-billion-dollar project, expected to be located offshore Akwa Ibom State, would stimulate economic growth not only in the Niger Delta but across the country.
“PANDEF considers your approval of this gas supply momentous as it will add significantly to the efforts which are at different levels to bring about the rapid industrialization of the Niger Delta,” the letter read.
The group also pledged to mobilise support across the Niger Delta, particularly in Akwa Ibom State, to create an enabling environment for the successful execution of the project.