The CBN is to make available the sum of N250 billion to fund Compressed Natural Gas infrastructure.
55.47% of cooking gas consumed by Nigerians in October 2020 was imported, according to a recent report by the PPPRA.
As at the end of 2018, Nigeria's total proven gas reserves were 202Trillion Cubic Feet (TCF), 37.26% of the total African deposits.
No fewer than 223 investors from within and outside Nigeria have indicated interest in lifting the country's natural gas liquids, NGLs.
Matrix Energy Limited has taken a major step towards proffering a solution to the problem of green house emission and climate change.
FG has removed VAT on locally produced cooking gas.
