OUR VALUE PROPOSITION
Assuming around 65% of the flared gas volume meets a minimum monetization investment threshold, the NGFCP has the following potential:
- Overall inward foreign direct investment of ~US$ 3-3.5 billion;
- Potential annual revenue/GDP Impact of ~US$ 1 billion;
- Employment: Over a 1.5 to 2-year period, the NGFCP could generate approximately 26,000 direct jobs and approximately 300,000 total jobs;
- It will create a new wave of opportunity for a new set of investors;
- The beginning of the creation of the new midstream;
- Emissions Reduction: Once operational, projects launched under the NCFCP will reduce Nigeria’s emissions by ~13 MM tons of CO2 per year;
- Industry: NGFCP can become an important source of additional gas to support Power Sector Development and Recovery; and
- The NGFCP is a High-Impact Programme.
NGFCP Value Proposition
Harnessing Nigeria's Flare Gas For Sustainable Value & Wealth Creation.
NGFCP