By Udesinanna Stephen
The Chief Executive officer, Nigerian National Petroleum Corporation (NNPC) Ltd, Mele Kyari has said the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project sites in Ahoko, Kogi State is close to 70% completion, with over $1.1bn released to finance the project.
As obtained from the NNPC verified twitter handle, @nnpclimited, the Group CEO said this recently during an inspection tour of one of the AKK Gas pipeline project sites in Ahoko, Kogi State.
Kyari said, “The AKK Gas pipeline is one massive project we are running as NNPC limited. It has immense value for Nigeria and its socio-economic growth. The project has not stopped for one day. We have continued to fund it despite the absence of third-party financing.
“As we speak now, we don’t owe a dollar to our contractors today. We paid all their invoices. There are over 30 active sites today in this project, and we are very hopeful that we will deliver this project.” he added.