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DSDVY: ADR/DSV Panalpina AS

The Executive Secretary of NCDMB highlighted the need for indigenous institutions and companies to initiate projects that would create in-country value and employment opportunities for young Nigerians. He insisted that the Nigerian oil and gas industry could not continue to wait for international operating oil and gas companies to lead project development.


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The NCDMB boss maintained that creating job opportunities for young Nigerians was the best strategy to curtail restiveness and insecurity in the polity. Wabote said the 10, tonnes per day methanol plant will, upon completion, bring Nigeria onto the world map as one of the top 10 producers of methanol.

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Wabote also said that the project would create 15, jobs during the construction stage and additional 5, jobs during the operations phase. He indicated that methanol can be used for different purposes and can also serve as a key chemical agent in pharmaceutical and agro-chemical industries. The Executive Secretary commended the NNPC for its role in getting the project to the current stage, expressing hope that the partnership would help to drive the methanol plant to completion. He added that gas is key to food processing and can lead the nation to food sufficiency, industrialization, increase in Gross Domestic Product and power sufficiency.

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