The Group Managing Director of NNPC, Mr Andrew Yakubu, said on Tuesday that the Federal Government was keying into Nigeria’s abundant hydrocarbon resources to fast track socio-economic development of the nation.
A statement issued by the acting Group General Manager, Public Affairs Division of the NNPC, Mr Fidel Pepple on Tuesday quoted Yakubu as making the statement on the sidelines of the World Energy Forum 2012 in Dubai, United Arab Emirates.
He said that NNPC as a national oil company was determined to be part of the global noble initiative that would come up with a road map that was geared toward energy sufficiency and low carbon economy.
“The Federal Government, under the dynamic leadership of President Goodluck Ebele Jonathan, is focused on gas flare down which would ultimately be converted to an energy mix that would enhance development.
“The gas emergency initiative which is driven by the Honourable Minister of Petroleum, Mrs. Diezani Alison-Madueke, has equally recorded great milestone in the area of sustainable power supply to Nigerians,’’ he said.
Yakubu said that in line with global imitative on energy mix, NNPC was devising other renewable energy initiatives that would impact positively on the environment.
He added that energy sustainability would continue to be the hallmark of the corporation's operations.
He said that as a developing nation, Nigeria would continue to key into progressive global energy initiative that would provide solutions aimed at diversifying its source of energy for development.
He also stressed the need for the NNPC to continue to observe best practices in all its energy initiatives.
The statement said the Energy Forum was taking place for the first time outside the UN headquarters in New York.
Over 80 presidents, prime ministers and their representatives from different parts of the globe are in attendance with the resolve to provide universally cheap energy access.
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