ECONOMY
FG Pledges Support for Industrial Growth to Advance Nigeria’s Gas Sector

The Federal Government has reaffirmed its full support for the expansion of Indorama Eleme Petrochemicals Limited, underscoring the company’s role in driving Nigeria’s gas-based ( Gas Sector) industrialization and boosting investment in the petrochemical sector.
During a courtesy visit by top Indorama executives to the Ministry of Petroleum Resources (Gas) in Abuja, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, described Indorama as a key stakeholder in Nigeria’s gas value chain. He praised the company’s impact on national economic development and reiterated the government’s commitment to enabling a conducive business environment for genuine investors.
Indorama, led by Managing Director Manish Mundra and Vice President of Management Services Anil Rana, provided updates on ongoing milestones at its Eleme Petrochemical Complex in Rivers State—one of Africa’s largest integrated petrochemical and fertiliser facilities. The delegation also unveiled ambitious new projects aimed at expanding fertiliser, methanol, and gas-based chemical production capacity.
The company appealed for the Ministry’s continued support in addressing operational challenges and expediting necessary regulatory approvals that will enable its expansion efforts to move forward.
Minister Ekpo pledged the government’s cooperation, assuring the delegation that the Ministry would facilitate the company’s operations and help resolve any outstanding issues. He emphasized that Indorama’s planned expansion aligns with the federal government’s broader gas development strategy.
“We welcome genuine investors and will continue to provide a conducive environment for businesses like Indorama that are adding value to our gas resources. You can count on this Ministry’s full cooperation,” Ekpo stated.
He also highlighted that the government’s gas strategy, under President Bola Tinubu’s Renewed Hope Agenda, sees natural gas as a critical tool for powering industrialization, creating jobs, and driving inclusive economic growth.
“We are prioritizing gas development as a national strategy, and your expansion aligns perfectly with this vision,” Ekpo added.
Indorama’s forthcoming projects are expected to significantly boost Nigeria’s domestic gas utilization, strengthen its export capacity, and enhance the country’s competitiveness in the global petrochemical and fertiliser markets.
Discover more from Naijanewstoday
Subscribe to get the latest posts sent to your email.
-
CAMPUS REPORTS6 days ago
AE-FUNAI Mass Comm HOD Eyes Stronger Alumni, Second-Term Reforms
-
NEWS5 days ago
Foundation Flags Off ‘Back to School’ Programme in Ebonyi
-
FACT-CHECKS/INVESTIGATION7 days ago
Troops Kill Notorious Bandit Leader Kachalla Bala, Five Others in Kogi
-
POLITICS7 days ago
National Assembly Blocks Senator Natasha’s Resumption
-
SPORTS6 days ago
Nottingham Forest Appoint Ange Postecoglou as New Manager
-
FACT-CHECKS/INVESTIGATION5 days ago
Court Denies Bail to Five More Accused of Owo Church Bombing
-
NEWS5 days ago
FG Inaugurates Committee for Nigeria’s 65th Independence Celebration
-
FACT-CHECKS/INVESTIGATION4 days ago
Ansaru Commander Mahmud Usman Jailed 15 Years
-
FACT-CHECKS/INVESTIGATION6 days ago
Village Head Arrested for Allegedly Shooting Sister in Akwa Ibom
-
INSIDE NYSC5 days ago
Lagos Corps Member Emerges Runner-Up in DG’s Writing Contest
-
FOREIGN5 days ago
US Activist Charlie Kirk Shot Dead at Utah University
-
FACT-CHECKS/INVESTIGATION3 days ago
Police Kill Suspected Gang Leader in FCT Gun Battle, Recover Rifles