Tag: gas investments

Who Wins from Exploiting Africa’s Fossil Fuels?

FG inaugurates council to attract $575bn gas investments

by Ikenna Ngere

March 9, 2024

The Federal Government, on Friday, inaugurated the Governing Council of the Midstream and Downstream Gas Infrastructure Fund, which has the target of attracting $575bn investments in the Nigerian gas sector. ...

Operators shun gas investments over lingering fuel subsidy

by Ikenna Ngere

May 14, 2023

The lingering subsidy regime of the Federal Government on Premium Motor Spirit, popularly called petrol, has stalled investments in the development of Nigeria’s gas sector, major and independent oil marketers stated ...