@ThisGospel_Hub When you dont know, you clap for all "depth and revelations"... It's time to seek God for yourself, else you will be swept away with bogus languages
@EasternMask@FinPlanKaluAja1 Shebi, you go relocate Dangote Refinery, Lekki FTZ, all the industries from the South west. More importantly, you will also remove the population and the peace. You think investors are blind
@FinPlanKaluAja1 As a Twitter (or X) Financial analyst, you haven't pointed out who is investing? Nigeria Ogun state or a private firm! The pain is because of where the investment is landing. Investment no get emotions o
More than five decades after its discovery, the Ima gas field has finally reached Final Investment Decision — Nigeria’s fourth major gas FID in two years.
Fifty years is a long time for a resource to sit beneath the ground while the opportunities it could create remain unrealised.
There is something especially meaningful about this project because Ima means love. And for me, that meaning connects to why this work matters: love for country must be expressed not only in words, but in the patient work of creating opportunities for people to live, work and prosper.
I have written before about the long journey from discovery to development — and about what it means when a project that has waited for decades finally begins to move. I have also seen, through my own work, how much persistence is required to turn a promising resource into a bankable investment and, ultimately, into jobs, businesses and livelihoods.
For me, this is what reform is ultimately about: changing the conditions so viable resources become investable projects — and investable projects become productive economic activity.
At the heart of President Bola Tinubu’s energy reform agenda is a simple principle: resources alone do not create prosperity. We must create the fiscal, regulatory and commercial conditions that allow capital, technology and enterprise to put them to work.
At peak, Ima is expected to produce approximately 350 million cubic feet of gas per day, supplying about one-third of the gas required for NLNG Train 7.
But behind those numbers are people: Nigerians who will work on the project, businesses that will win contracts, young people who will acquire skills and earn incomes, and communities that should see new economic activity. That is how investment begins to become prosperity.
Congratulations to @TotalEnergies and AMNI International, and thank you to the Ministry of Petroleum Resources @FMPRng , @NUPRCofficial , @OfficialNCDMB and everyone whose work brought Ima to this point.
An FID is a commitment. The real measure of success is what it makes possible in people’s lives.
“I audited NNPC payments and found $49B missing. I wrote the President GEJ, but he didn’t respond. 4 months later, Obasanjo got the letter and gave the media. GEJ called a secret meeting, accounted for $29B but couldn’t explain $20 B. He then suspended me.”
—Sanusi II