The Nigeria Extractive Industries Transparency Initiative (NEITI) is set to hold a conference on resolving outstanding remedial issues in the oil, gas and mining sector.In a statement on Friday, Ogbonnaya Orji, director, communications and advocacy of NEITI, said experts across the extractive industries have been invited for the conference."Experts across the extractive industries value chain have been assembled to review the status [...]
Tag "Gas"
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Two people lost their lives following a gas explosion along Jos road, Lafia, Nasarawa state capital, on Monday.The tragic incident happened around 10am. Workers were said to be offloading gas at Natson filling station when it exploded.The incident was attributed to gas leakage. Vehicles, shops and offices were destroyed in the inferno.Officials of the Federal Road Safety Corp (FRSC) and [...]
Axxela, a gas and power company, has disclosed its plan to build a 510-kilometer gas pipeline network across some states.According to the company, the project would commence in Ibadan, Oyo state and run through the towns of Osogbo, Ogbomosho, Ilorin, Ado-Ekiti, terminating in Jebba in Kwara state.The company said the proposed pipeline project was conceived as part of the Nigeria [...]
Babatunde Fashola, minister of power, works and housing, says the insufficient availability of gas has made it difficult to fuel power plants, hence the erratic supply of electricity to Nigerians.Fashola said gas suppliers haven't been "fully paid" as a result of liquidity problems and also noted that pipeline sabotage by Niger Delta militants had greatly affected power output.The minister made this known on [...]
Akinwunmi Ambode, governor of Lagos state, on Tuesday presented the 2017 budget of N812.99 billion to the state house of assembly for approval.The budget, tagged: 'Golden Jubilee Budget' is N150.4 billion higher than the 2016 budget which stood at N662.58 billion.The 2017 budget has a capital expenditure of N512.46 billion and a recurrent expenditure of N300 billion.The capital and recurrent [...]
Cost of cooking gas has shot up by about 38 per cent in Kano, prompting outcry by households who rely on it for cooking.Survey by NAN indicated that the cost of refilling a 12kg cylinder had risen from between N2,700 and N3,000, to a minimum of N3,400Refilling a 6kg cylinder now costs N1800, as against the former price of between [...]
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