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FG Urged to Address Challenges in Autogas Policy


By Bennett Oghifo
Players in the nation’s energy sector have said advised the federal government to address inherent challenges as it relies on intervention by the Central Bank of Nigeria to implement the National Gas Expansion Programme and National Autogas Roll-out Initiative.
Recently, the CBN introduced a N250 billion intervention fund under the National Gas Expansion Programme, Minister of State for Petroleum Resources, Timipre Sylva, had disclosed that the government would work with the Central Bank of Nigeria (CBN) to ensure full implementation of the Auto Gas Policy.
CBN had, in gas policy framework, said low level of investment was hindering domestic gas consumption, adding that the would stimulate production and utilization of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) as clean alternative sources . ....

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Exploiting potentials of LNG in addressing development challenges of Nigeria


 
By Edith Ike-Eboh
“In my salon and Spa, I spend on a daily basis, between N7,000 and N10,000, on petrol to keep my business running. It is tough but I am optimistic that one day power supply will improve in the country to help me grow my business,” says Mrs Victoria Justice, a Stylist and an entrepreneur in Kubwa, an outskirt town in the Federal Capital Territory, Abuja.
Justice is one among many young small business owners who battles to keep their businesses afloat because of the high cost of running their operations and activities, occasioned by poor electricity supply. ....

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