This Thursday, Oyo State Governor Seyi Makinde will officially launch construction on the Oyo State Gas Infrastructure Development and Distribution Project.
The initiative is a component of the State Government’s effort to strengthen the State’s economy and establish a new gas economy, according to Seun Ashamu, Commissioner for Energy.
Ashamu claimed that after the project, which is being done in partnership with Shell Nigeria Gas Limited, is finished, gas will be supplied to commercial, manufacturing, and industrial businesses.
He said, “It is an opportunity to build a new gas distribution infrastructure network in Oyo State to deliver gas to industrial, manufacturing and commercial companies”.
Ashamu, who confirmed the development, disclosed that the new power plant will also be beneficial to new emerging industrial corridors and industrial parks/zones, independent power projects.
“New emerging industrial corridors and industrial parks/zones, Independent Power Projects will also benefit from this project”, he said.
He stated that the project which is scheduled to take place at KM 10 Lagos-Ibadan Expressway, is expected to boost domestic gas consumption, power generation, as well as industrialisation in the country.
“It will provide stable power generation for industrial and residential use within the state”, he said.