{"id":1900,"date":"2026-10-27T17:30:49","date_gmt":"2026-10-27T17:30:49","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/27\/proposed-gas-pipeline-will-cut-costs-boost-south-east-economy-tinubu\/"},"modified":"2026-10-27T17:30:49","modified_gmt":"2026-10-27T17:30:49","slug":"proposed-gas-pipeline-will-cut-costs-boost-south-east-economy-tinubu","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/27\/proposed-gas-pipeline-will-cut-costs-boost-south-east-economy-tinubu\/","title":{"rendered":"Proposed gas pipeline will cut costs, boost South-East economy \u2014 Tinubu"},"content":{"rendered":"
\"Proposed<\/p>\n

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By Chinedu Adonu<\/p>\n

ENUGU \u2013 President Bola Tinubu has said the proposed South-East Gas Distribution Pipeline Project will reduce energy costs, boost industrialisation and create jobs across the five states of the region.<\/p>\n

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Tinubu, represented by Deputy Speaker of the House of Representatives, Benjamin Kalu, spoke yesterday at the South-East Gas Infrastructure Investment and Project Development Ceremony in Enugu.<\/p>\n

The proposed $100 million project, being developed by Gas Sync Limited in partnership with NNPC Gas Marketing Limited and other stakeholders, seeks to connect gas resources to industrial and commercial centres in Abia, Anambra, Ebonyi, Enugu and Imo states.<\/p>\n

The President said reliable and affordable energy was critical to unlocking the region\u2019s industrial potential, lamenting that manufacturers had continued to spend heavily on alternative power.<\/p>\n

\u201cThere is a sound familiar to every manufacturer in Aba, Nnewi, Onitsha, Enugu and across the South-East. It is the sound of a generator,\u201d he said.<\/p>\n

\u201cOur manufacturers should not have to spend more on generating electricity than on expanding production.\u201d<\/p>\n

Tinubu said the project would strengthen manufacturing, encourage agro-processing and attract new investments, adding that the benefits of the region\u2019s gas resources should be measured by the industries they power and the jobs they create.<\/p>\n

\u201cThe true value of our gas is in the factories it powers, the jobs it creates and the prosperity it brings to our people,\u201d he said.<\/p>\n

He commended the South-East Development Commission (SEDC) for committing $3 million to the initiative, stressing that the project required cooperation between federal and state governments, private investors and financial institutions.<\/p>\n

However, he cautioned that the ceremony was only an investment and project-development milestone, with financing, regulatory approvals and construction still ahead.<\/p>\n

\u201cWe are not investing in pipelines for their own sake. We are investing in the industries, businesses and jobs those pipelines will make possible,\u201d Tinubu said.<\/p>\n

Earlier, SEDC Managing Director, Mark Okoye, disclosed that the commission had completed technical, financial and legal due diligence before making its $3 million investment.<\/p>\n

Okoye said the commission was targeting up to $30 million in aggregate regional investment participation, including its contribution, with additional funds expected from state governments and private investors.<\/p>\n

\u201cThis is not merely an expression of interest or a promise of future investment. The commission has made an actual financial investment towards advancing this regional infrastructure initiative,\u201d he said.<\/p>\n

He explained that the project would initially draw on gas resources associated with the Assa North\u2013Ohaji South development in Imo State.<\/p>\n

Okoye said the initiative formed part of SEDC\u2019s broader industrialisation programme aimed at addressing infrastructure constraints facing manufacturers and businesses across the region.<\/p>\n

\u201cOur philosophy is simple: Plan. Prepare. Partner,\u201d he said, adding that the commission would work with state governments and private-sector operators to mobilise investment for regional development.<\/p>\n

Also speaking, SEDC Chairman, Dr Emeka Wogu, said affordable and dependable energy was essential for improving productivity, attracting investments and creating employment.<\/p>\n

He urged investors and energy companies to support the project, stressing that its success should be measured by its economic impact.<\/p>\n

\u201cThe ultimate purpose of infrastructure development is to improve lives,\u201d Wogu said.<\/p>\n

He called for transparency, environmental responsibility, community engagement and strict adherence to safety standards in the development and operation of the proposed pipeline.<\/p>\n

The initiative however aligns with Enugu State Governor Peter Mbah\u2019s call for a high-pressure gas pipeline linking major cities across the South-East to accelerate industrial development.<\/p>\n

Mbah had argued that reliable access to piped gas would ease energy constraints, lower production costs and improve the competitiveness of industries in the region.<\/p>\n

Earlier, South-East governors pledged their support for the project, describing energy access as a major challenge facing businesses in the region.<\/p>\n

They assured that the states would provide the necessary support to ensure the pipeline became a reality.<\/p>\n

\u201cWe will do everything required of us to make sure that the project succeeds. We are happy that the project is here in the South-East because the major problem of the region is energy,\u201d the representative said.<\/p>\n

\u201cWith this project, every company will be able to produce at a lower cost of energy, while more people will have opportunities to work and contribute to the economy,\u201d the representative added.<\/p>\n

The post Proposed gas pipeline will cut costs, boost South-East economy \u2014 Tinubu<\/a> appeared first on Vanguard News<\/a>.<\/p>\n<\/div>\n

Source: <\/p>\n

Vanguard News<\/div>\n","protected":false},"excerpt":{"rendered":"

By Chinedu Adonu ENUGU \u2013 President Bola Tinubu has said the proposed South-East Gas Distribution Pipeline Project will reduce energy costs, boost industrialisation and create jobs across the five states… <\/p>\n","protected":false},"author":1,"featured_media":1901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/1900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=1900"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/1900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/1901"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=1900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=1900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=1900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}