FG to Settle N2.7trn Gas Debt with Royalty Payments   The Federal Government is planning to clear the N2.7tn owed to gas companies with royalties. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, disclosed this Thursday during a Zoom meeting organised...

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that the Federal Government, under the leadership of President Bola Tinubu, is committed to making Nigeria a gas-powered economy.

The Federal Government has taken a step towards strengthening its gas sector regulatory framework through a partnership with the United Kingdom’s Office of Gas and Electricity Markets.

FG to Disburse N400bn Gas Fund to Beneficiaries in 2 Weeks The Federal Government has said that it is going to provide another N400bn gas infrastructure fund to beneficiaries of the scheme in the next two weeks. The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed...

FG Invests $450m in CNG – Minister The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, says the Federal Government has so far invested $450m in Compressed Natural Gas. Ekpo disclosed this at the ongoing Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring...

We Are Planning $3bn Investment in Gas Sector – FG   The federal government said it is making significant strides to unlock investment in Nigeria’s gas sector as part of a move to address financial difficulty facing the energy sector. The Minister of State for Petroleum Resources...