FG Halts Export of Cooking Gas from November to Crash Price
From November 1, Nigeria will stop exporting locally produced Liquefied Petroleum Gas LPG, also known as cooking gas. Minister of State Petroleum Resources, Ekperikpe Ekpo, who announced this during a meeting with stakeholders in Abuja, said the measure is to mitigate the price of the gas that has been soaring steadily. On pricing framework, Ekpo […]
TCN blames Gas Shortage for Poor Power Supply
The Transmission Company of Nigeria has confirmed that the poor power supply experienced by electricity consumers nationwide was caused by a shortage of gas. The TCN in a statement affirmed that there had been a gradual decrease in available power generation into the grid due to gas constraints to the power generating companies. This, the […]
Nigeria-Germany Signs $500m Renewable Energy Pact And Gas Export Agreement
The Nigerian government and its German counterpart signed two Memoranda of Understanding (MoU), bordering on the supply of gas from Nigeria to Germany and another for $500 million worth of renewable energy projects in Nigeria. Speaking in Berlin, Germany, at the 10th German-Nigerian Business Forum, President Bola Tinubu, who witnessed the signing, called for more […]
