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Federal Govt Pays $120m Gas Debt To Boost Power Generation

The federal government says it has paid over $120 million to offset part of the debts owed to gas companies (GasCos) for electricity generation.

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Gas-to-Power: FG pays gas suppliers over $120m - QUICK NEWS AFRICA

Gas-to-Power: FG pays gas suppliers over $120m - QUICK NEWS AFRICA
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Gas-to-Power: FG pays gas suppliers over $120m

The Federal Government said it had paid over 120 million dollars out of the 1.3 billion dollars owed Gas Suppliers in the country. The Director, Decade of Gas Secretariat, Mr Ed. Ubong, on Thursday at the ongoing 7th Edition of the Nigeria International Energy Summit (NIES 2024), said the payment was to offset part of

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Electricity: Nigerian govt offsets $120 million debt to Gas companies

“The arrears gas producers are owed as of last year was about $ 1.3 billion. But between October 2023 and the end of January, the.

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Open, constructive dialogue crucial to sustainable, thriving gas sector – Ekpo

Open, constructive dialogue crucial to sustainable, thriving gas sector – Ekpo
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