Tag: AKK Gas Pipeline

$2.8bn AKK Gas Pipeline clears major hurdle, as River Niger crossing completed

Aminu Imam
AKK Gas pipeline

…FG eyes support for ailing power projects In a major development, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project has finally crossed the River Niger, an axis that had seriously hampered the planned completion of the project on schedule. It was learnt that the crossing was done through the deployment of high technology facilities by Oilserv Limited, the contractors handling section A of the critical gas infrastructure. The River Niger crossing had posed one of the most critical engineering challenges in the completion of Nigeria’s ambitious AKK gas pipeline. Initial…

Read More

Ajaokuta-Kaduna-Kano gas pipeline to be completed by Q1 2025 Mele Kyari

Aminu Imam
AKK Gas pipeline

The Group CEO of the Nigerian National Petroleum Corporation (NNPC) Limited has said that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline will be completed by the first quarter of 2025. Kyari made this disclosure in a statement on Friday, during a visit of three cabinet Ministers to the AKK Gas Pipeline Project Site, where they inspected the River Kaduna crossing milestone of the project in Kaduna. The three Ministers who visited the Project Site were: Minister of Finance / Coordinating Minister of the Economy, Mr. Wale Edun; Minister of Information & NationalOrientation,…

Read More

Emir of Kano expresses enthusiasm over AKK Natural Gas Pipeline project

Aminu Imam

Emir of Kano, His Royal Highness, Aminu Ado Bayero, has described the ongoing Ajaokuta-Kaduna-Kano (AKK) Natural Gas Pipeline project as a grand investment that will transform socio-economic activities in northern Nigeria and beyond. The Emir spoke at the 6th Valuechain Annual Lecture & Awards on Thursday, the good people of Kano were excited about the Ajaokuta-Kaduna-Kano (AKK) Natural Gas Pipeline project, which runs through communities, States and cultures, while harnessing economic linkages along the corridor. He added that as Nigerians set their minds on the 2060 net-zero target for carbon emission, the…

Read More

NNPCL pays $1.1bn to AKK contractors

Aminu Imam

Ahead of May 29 handover to a new administration the Nigerian National Petroleum Company Limited, (NNPCL), on highlighted progress made so far on the construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Stations Project which was flagged-off on 30th of June 2020. NNPCL said it has funded over $1.1Bn on the project and to date so far reassuring the stakeholders that the project is well on course to deliver on schedule. Since the flag-off of the project by His Excellency, the President and Commander in Chief of the Armed Forces…

Read More

AuGF Report: Probe missing NNPCs 149m barrels of crude Oil in 2019 SERAPurges Buhari

Aminu Imam

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to set up a presidential panel of enquiry to promptly probe the grim allegations that over 149 million barrels of crude oil are missing, as documented in the 2019 audited reports by the Auditor-General of the Federation and Nigeria Extractive Industries Transparency Initiative, (NEITI). In the letter, dated 22 April 2023 and signed by SERAP Deputy Director, Kolawole Oluwadare, SERAP also urged him to ensure the effective prosecution of anyone suspected to be responsible for the plundering of the…

Read More

AKK pipeline abandoned over alleged 570% inflated contract sum

Aminu Imam

Financiers of Abuja-Kaduna-Kano pipeline have pulled out of the project, citing alleged 570 per cent inflated contract sum, far above global threshold. It was gathered that the companies Infrastructure and Commercial Bank of China (ICBC), Infrastructure Bank of China and China Export Credit Agency (SINOSURE) were to provide 85 percent or $2.38 billion funding requirement. Their Nigerian counterparts, Oilserve and Oando, are to shoulder the balance 15 percent, or $420 million.    With this development, the project has been stalled, as there is no funding to cover cost…

Read More

$2.8bn AKK Gas pipeline project at 43% completion – Buhari

Aminu Imam

The $2.8bn Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline project being constructed by the Federal Government through the Nigerian National Petroleum Company Limited and its partners, is now 43 percent completed, the President Muhammadu Buhari has said. The President said this while speaking at the ongoing 2023 Nigeria International Energy Summit (NIES) in Abuja, themed: ‘Global Perspective for a Sustainable Energy Future’. In his remarks, the President said this project would help generate 3.6 gigawatts of electricity, and provide support for gas based industries. Buhari who was represented by the Secretary to…

Read More