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…
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NNPCL pays $1.1bn to AKK contractors
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 MoreAuGF Report: Probe missing NNPCs 149m barrels of crude Oil in 2019 SERAPurges Buhari
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 MoreAKK pipeline abandoned over alleged 570% inflated contract sum
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 MoreAKK Pipeline Project: NNPC to deliver first gas in Q1 2023
The Board of the Nigerian National Petroleum Company Limited (NNPC) has expressed satisfaction with the progress of work done on the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project and expressed its belief that the first Quarter 2023 target for delivering it will be met. According to the NNPC’s Group General ManagerGroup Public Affairs Division, Garba Deen Muhammad, this was made known when the GMD/CEO, Mele Kyari took the NNPC Board Members on an official tour of Segment A sites in Abaji Area Council of the FCT, on Thursday. The GMD/CEO, who was…
Read More‘AKK gas pipeline project will be delivered on schedule, will create prosperity’, Kyari assures
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would be delivered on schedule, create prosperity through massive job opportunities and guarantee peace for the country. A press statement issued by the NNPC’s Group General Manager Group Public Affairs Division, Dr. Kennie Obateru, disclosed that the GMD stated this yesterday, at Gas Sector Stakeholders Forum, which was held in Kano, with the theme: Optimizing the Economic Development Capacity of Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project.…
Read MoreDelta communities vow to disrupt AKK project over alleged marginalisation
The people of Gbaramatu Kingdom and the members of the Movement for the Development of Itsekiri Oil/Gas Producing Communities (MDIOGPC), both from Warri South West Council Area of Delta, on Sunday vowed to disrupt the 614km-long Ajaokuta-Kaduna-Kano (AKK) project if their earlier demands are not met. The communities had earlier demanded, among others, that the Federal Government should immediately halt the current process of bid for the 57 marginal oil fields and direct the relevant MDAs and OICs to embark on large scale shore protection and sand filling projects in…
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