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5kg Cooking Gas Price Surges to N8,081 in October – NBS

5kg Cooking Gas Price Surges to N8,081 in October - NBS   The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N6,395.82 recorded in September to N8,081.75 in October. The NBS stated this in its “Cooking Gas Price Watch’’...

FG Okays N185bn Payment to Gas Producers

FG Okays N185bn Payment to Gas Producers   The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, announced on Thursday that the Federal Government has taken a decisive step to revitalise the gas industry and stabilise power generation as President Bola Tinubu authorised the settlement...

FG to Settle N2.7trn Gas Debt with Royalty Payments

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...

FG Committed to Gas-powered Economy, Minister Says

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.

Nigeria Partners UK on Gas Sector Framework

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

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...