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    Leadership: What Is Nigeria’s Gas Revenue?

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Summary

Writing for Leadership newspaper, Emejuiwe Victor asks what Nigeria's income from gas is and why it's not being reported

by: Erica Mills

Posted in:

Press Notes, Africa

Leadership: What Is Nigeria’s Gas Revenue?

Nigeria makes a lot of money from the exploration of gas yet this source of income has remained undisclosed. It is only recently that Nigerians were privileged to the information on the amount of money generated from gas. Thanks to the bailout fund by the federal government to states, it was discovered that the Nigerian Liquefied Natural Gas has made the total of $85 billion in the export of liquefied natural gas to Europe since 1999 and as a result it remitted $1.6 billion as tax to the FG during the inception of the Buhari administration.

Read the full article HERE.