Federal Gov’t Releases N122bn To 6 Firms For Gas Infrastructure Dev’t

Federal Gov’t Releases N122bn To 6 Firms For Gas Infrastructure Dev’t …C0NTINUE READING HERE >>>

The federal government has released N122 billion funding to six companies from the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to boost gas utilisation across the country.

Minister of State for Petroleum Resources, (Gas), Ekperikpe Ekpo, made this known during the signing of agreements with the six companies in Abuja on Monday.

The companies include 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 said the government was committing the N122 billion…

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