The Akwa Ibom State government has signed a $3.5bn agreement with NNPC and the Gas Aggregator Company (GACN) to expand gas utilization and strengthen energy security.
The agreement was formalized during the opening session of recently concluded South-South Gas Utilisation Forum 2025, held in Uyo, the Akwa Ibom State capital.
It was signed by GACN Managing Director Chijioke Uzoho and Secretary to the State Government Enobong Uwah.
The high-level event attracted dignitaries, including the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, and representatives from the governments of Akwa Ibom, Cross River, and Rivers States, highlighting regional collaboration on Nigeria’s gas industrialization drive.
[…] holds the largest proven natural gas reserves in Africa—put at 210 Tcf—and has long sought to monetise this […]