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Opinion

Low demand for Nigeria’s LPG to affect forex earnings – Expert

A senior analyst at Financial Derivatives Company, Oluwatomi Mayowa, has projected a decline in demand for Nigeria’s natural gas, which will subsequently reduce the amount of foreign exchange earned through exports.   This projection is as a result of the fall in global natural gas prices by over 50% in January, while, noting that natural […]

Energy

Cooking gas: Nigeria needs $750m for 5MMT annual consumption

NIGERIA requires about $750m investment in the transportation and retailing infrastructure for Liquefied Petroleum Gas, popularly called cooking gas, to achieve the target of five million metric tonnes of annual consumption, operators in the LPG space have said. Speaking at the 2nd Annual Virtual LPG workshop organised by the African Refiners and Distributors Association, which […]

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