N250bn CBN Intervention: Stakeholders Push For More Investments In Gas Expansion Projects

Published by
Nigerian Tribune

In the wake of the Central Bank of Nigeria’s (CBN) N250billon intervention in the oil and gas sector, Stakeholders in the sector have called for more investments in gas expansion projects. The Federal Government(FG) had in 2021, revealed that the CBN would provide N250 billion intervention facility for the national gas expansion programme aimed at making Compressed Natural Gas (CNG) the fuel of choice for transportation and Liquefied Petroleum Gas (LPG), domestic cooking, captive power and small industrial complexes. The intervention had become imperative considering the prevailing challenges …

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