Pricing Challenges
Nigerian government to launch new pricing framework for gas operations
The chairman of National Gas Expansion Programme (NGEP), Mohammed Ibrahim, says the federal government will launch a new pricing framework to regulate operations in the gas sector. He was speaking on Friday at the 12th Nigerian Gas Association international conference. Represented by Olasupo Agbaje, a member of NGPE, Ibrahim said Nigeria needs to unlock new frontiers in the gas sector. He said the government is working towards achieving a 40 per cent conversion from petrol to gas for vehicles in the country. “As a nation we are committed to unlocking new frontiers through a combination of policy and technology. In terms of unlocking these frontiers, we find that we need to undertake a pricing framework review that has been concluded and in the next few days, we are going to be having a new...
