Tag: Oil and Gas Sector
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FG assures enabling environment for business investment, gas availability
Mrs Olu Verheijen, Special Adviser to the President Bola Tinubu on Energy, has restated the Federal Government’s commitment to creating an enabling business environment to drive the Compressed Natural Gas (CNG) project in Nigeria.
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Nigeria generated $17.05b from oil, gas sector in 2016 – NEITI
Nigeria generated $17.05 billion from the oil and gas sector in 2016 representing a 31 per cent decline on the $24.79 billion generated in 2015,according to the latest report of the Nigeria Extractive Industries Transparency Initiative (NEITI). The sector fetched $68.44 billion for the country in 2011. The report says the 2016 earnings are Nigeria’s…