business

FG kicks off $100m Southeast gas pipeline project

FG kicks off $100m Southeast gas pipeline project

Tinubu says S’East must rise from potential to reality …Mbah, governors hail Tinubu, pledge support for 400km pipeline The Federal Government, through the South East Development Commission (SEDC) has kicked off a $100 million gas distribution pipeline project to boost industrialisation, attract investments and create jobs in the South East. The President said the pipeline would benefit manufacturers in Aba, strengthen industrial clusters in Nnewi and Onitsha, attract productive enterprises to Enugu, expand agro-processing and manufacturing in Ebonyi and connect Imo’s gas resources to the…

…As SEDC seals deal with GasSync, commits $3m .. Tinubu says S’East must rise from potential to reality …Mbah, governors hail Tinubu, pledge support for 400km pipeline The Federal Government, through the South East Development Commission (SEDC) has kicked off a $100 million gas distribution pipeline project to boost industrialisation, attract investments and create jobs in the South East.

The 400-kilometre pipeline, designed to connect gas resources to industrial and commercial centres across Enugu, Anambra, Imo, Abia and Ebonyi states, has about 150 potential customers identified, with projected demand of 254 million standard cubic feet of gas per day. The investment agreement for the project was signed on Tuesday at the South-East Gas Infrastructure Investment and Project Development Ceremony held at Hotel Presidential, Enugu, marking a significant step towards establishing a regional gas distribution network.

Tinubu, represented by the Deputy Speaker of the House of Representatives, Benjamin Kalu, described the project as a strategic investment that would connect the region’s natural gas resources to industries, strengthen manufacturing and unlock economic opportunities across the five states. “The Southeast’s entrepreneurial spirit is one of Nigeria’s greatest economic assets.

I have always believed that the prosperity of the Southeast is inseparable from the prosperity of Nigeria,” the President said. He said the project aligned with his administration’s commitment to building an integrated regional economy, stressing that gas infrastructure should support industrial development across state boundaries rather than serve isolated markets.

“Gas infrastructure must therefore serve industries and markets, not stop at political boundaries. That is the economic logic of regional integration,” he said. The President said the pipeline would benefit manufacturers in Aba, strengthen industrial clusters in Nnewi and Onitsha, attract productive enterprises to Enugu, expand agro-processing and manufacturing in Ebonyi and connect Imo’s gas resources to the wider regional economy.

He, however, said the ambition extended beyond supplying existing factories to creating the conditions for new industries, industrial parks and investments that had stalled because of unreliable energy supply. “Our ambition is not simply to deliver gas to existing factories. It is to make possible factories that do not yet exist, industrial parks yet to be developed, and investments that have remained on the drawing board because reliable energy was unavailable,” Tinubu said.

He described the South-East Development Commission (SEDC) as an institution established to deliver measurable development outcomes, urging it to assess its performance by the investments it mobilised, infrastructure it enabled, opportunities it created and lives it improved. The President said the South-East Vision 2050 development framework, supported by Vice-President Kashim Shettima and the governors of the region, provided a foundation for coordinated economic growth.

He also cited his approval of the South-East Investment Company as part of efforts to attract private capital into strategic development projects, noting that governments could not finance every development ambition from public funds. “This is the model I expect from our development institutions: identify strategic economic opportunities, prepare credible projects, commit public resources responsibly and mobilise private capital at a scale government budgets alone cannot achieve,” he said.

Tinubu commended the SEDC for committing $3 million to the gas project and establishing a framework to mobilise additional investments from state governments, institutions and private investors. He said the project’s initial phase required approximately $100 million, describing the partnership between public institutions and private investors as essential to developing sustainable infrastructure.

“We are not investing in pipelines for their own sake. We are investing in the industries, businesses and jobs those pipelines will make possible,” the President said. He urged the commission and its partners to uphold commercial discipline, transparency, environmental responsibility, community engagement and the highest safety standards throughout the project’s implementation.

“The true measure of government’s commitment is not what we promise, but what we deliver,” he said, expressing optimism that the investment would help create an industrial economy capable of competing in African and global markets. Tinubu said the ultimate objective was to translate the region’s natural resources into productive economic activity, employment and improved living standards.

“Let the gas beneath our soil power our industries. Let that energy become production. Let production become employment. Let employment become prosperity for our people,” he said. The President urged the SEDC, state governments and project partners to establish clea

  • gas
  • project
  • pipeline
  • development
  • investment
  • southeast
  • south
  • east

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

Kalu urges Igbo leaders to unite, engage in Nigerian politics
politics

Kalu urges Igbo leaders to unite, engage in Nigerian politics

Deputy Speaker of the House of Representatives, Benjamin Kalu, has urged Igbo elders, leaders and stakeholders to unite and take a more active role in Nigeria’s politics, warning that disunity and political apathy have weakened the South-East’s influence in national affairs. He made the call on Friday at the South-East Stakeholders’ Convergence, also known as the South-East Elders and Stakeholders Meeting, held at the Imo State Government House, Owerri.

Read →
FG secures $200m World Bank funding to boost fish production
business

FG secures $200m World Bank funding to boost fish production

The Federal Government has secured a $200 million World Bank-backed financing commitment to boost fish production across the country through state governments, as part of efforts to reduce import dependence and strengthen Nigeria’s aquaculture industry. The Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this at a high-level executive training on the Aquaculture Investment Guide organised by the ministry in collaboration with the World Bank Group in Abuja.

Read →
Aba South establishes commercial farms to boost revenue, create jobs
business

Aba South establishes commercial farms to boost revenue, create jobs

By Ugochukwu Alaribe UMUAHIA — Aba South Local Government Area of Abia State has established commercial poultry and piggery farms as part of efforts to boost its internally generated revenue (IGR), create jobs and equip residents with skills in animal husbandry. “One of the biggest achievements we’ve made in this administration so far was the chasing out of one revenue vampire with one company called Chicotax out of the Aba South LGA.

Read →
US advances investment push in DR Congo, eyes critical minerals, transport infrastructure
business

US advances investment push in DR Congo, eyes critical minerals, transport infrastructure

NAIROBI, Kenya, Nov 7-The United States and the Democratic Republic of Congo (DRC) are advancing plans to expand American investment in the Central African country, with critical minerals, hydropower and regional transport infrastructure emerging as key areas of cooperation under their Strategic Partnership Agreement. A joint statement released by the US Department of State said the US International Development Finance Corporation (DFC) had briefed the meeting on its growing investment pipeline in the DRC, while American private-sector interest in the country’s Strategic Asset Reserve (SAR)…

Read →
Enugu pensioners recount past ordeals as Mbah pays 26-year gratuity arrears
politics

Enugu pensioners recount past ordeals as Mbah pays 26-year gratuity arrears

No retiree should go to bed hungry Enugu State pensioners under the auspices of the Nigeria Union of Pensioners (NUP) have hailed Governor Peter Mbah for keeping his campaign promise to clear legacy arrears, describing their decades of disappointment after serving their fatherland as a harrowing experience. Meanwhile, the Accountant-General of Enugu State, Mr. Tony Okenwa, recalled that Mbah had always insisted during discussions leading up to the verification and payment of backlogs that no senior citizen should

Read →
Kaduna-Kano rail line ready for December 3 inauguration — APC
politics

Kaduna-Kano rail line ready for December 3 inauguration — APC

…Kano-Katsina-Maradi project reaches 70% completion The All Progressives Congress Presidential Campaign Council has said the Kaduna-Kano Standard Gauge Railway will be inaugurated on December 3, 2026, as the Federal Government accelerates the completion of major railway projects in Northern Nigeria. According to the statement, the Kaduna-Kano railway, an extension of the existing Abuja-Kaduna standard gauge line, will establish a continuous rail connection between Abuja, Kaduna, Zaria and Kano, linking major commercial centres in Northern Nigeria.

Read →