Nigeria Invests N122 Billion in Six Gas Infrastructure Companies

  • 📰 thecableng
  • ⏱ Reading Time:
  • 73 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 80%

Business ニュース

Energy,NIGERIA,GAS INFRASTRUCTURE

The Nigerian government has approved a significant investment of N122 billion in six gas infrastructure companies through the midstream and downstream gas infrastructure fund (MDGIF). This move is seen as a major step towards energy security and economic growth.

The federal government has approved an investment of N122 billion in six gas infrastructure companies.In a statement by Louis Mbah, the minister’s spokesperson, the midstream and downstream gas infrastructure fund (MDGIF) championed the approval, which signifies a significant milestone in Nigeria’s quest for energy security and gas infrastructure development.

The six beneficiary companies are Asiko Energy Holdings Limited (AEHL), FEMADEC Energy Limited, Ibile Oil and Gas Corporation (IOGC), Nsik Oil and Gas Limited, Rolling Energy Limited, and Topline Limited.Ekpo, who also serves as the chairman of the MDGIF governing council, said the move is a breakthrough in Nigeria’s gas revolution and “a testament to the government’s commitment to harnessing the country’s gas resources for socio-economic growth”. “This partnership between the public and private sectors will transform Nigeria’s gas industry, accelerating our journey towards energy security, industrial growth, and economic prosperity,” Ekpo said. The minister commended President Bola Tinubu’s efforts to foster business relationships and partnerships to achieve Nigeria’s energy security objectives.He said the selection process was rigorous, with each company chosen for its exceptional performance and dedication to Nigeria’s gas development. “The MDGIF is a catalyst for investment and bridging gaps in the gas value chain by ensuring the financing and delivery of critical projects,” Ekpo said. “We urge the beneficiaries to utilise these funds judiciously, maintaining the same zeal and dedication that earned them selection as the first batch of MDGIF beneficiaries.”Ekpo emphasised that the MDGIF investment aligns with the goals of the ‘Decade of Gas’ initiative, aimed at harnessing Nigeria’s gas resources for socio-economic growth

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Nigeria’s stock market rebounds as investors gain N178 billionThe market capitalisation, having opened at N55.576 trillion, added N178 billion or 0.32 per cent to close at N55.754 trillion.
ソース: PremiumTimesng - 🏆 3. / 78 続きを読む »