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Tag: $400 Billion

Buhari Says Nigeria Needs $400bn To Close Energy Shortfall

Buhari Says Nigeria Needs $400bn To Close Energy Shortfall         The President of the Federal Republic of Nigeria Muhammadu Buhari has said that Nigeria needs over $400bn to fund its critical energy needs. Buhari said that $300bn would be needed for electricity generation, transmission and distribution infrastructure...

‘NNPC, Others Risk Losing $400bn Amid Climate Goals’

'NNPC, Others Risk Losing $400bn Amid Climate Goals'       Twenty per cent of anticipated investments in the oil and gas sector by state-owned oil companies, including the Nigerian National Petroleum Corporation, are economically unviable if global warming is to be kept within 2oC, a new report...