FG Signs Agreement with Private Sector To Harness Gas Reserves, create jobs. 

By Rosemary Caleb

In its bid to make the abundant gas resources more economically viable, and create jobs,the Federal Government has signed a gas sale and purchase agreement between the Shell Petroleum Development Company Joint Venture and Brass Fertiliser and Petrochemical Company Ltd.

The deal which is worth $3.3bn is expected to raise the supply of gas to 270million barrels per day.

Apart from the expected generation of $1.5bn annually from exports and saving the country $200m in foreign exchange annually, the understanding is also expected to rake in 5000 direct jobs and 35 thousand indirect jobs. .