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    Naija247 News: Nigeria’s Gas to Power Framework Not Attractive – Experts

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Summary

Experts say that Nigeria's gas-to-power industry is being held back and missing out on investment because of the lack of a essential commercial framework

by: Erica Mills

Posted in:

Press Notes, Africa

Naija247 News: Nigeria’s Gas to Power Framework Not Attractive – Experts

The absence of a bankable commercial framework continues to pull the plug on huge gas investments badly needed to meet the country’s growing power supply needs, industry experts have said.

Nigeria, Africa’s top oil producer, is estimated to have at least 185 trillion cubic feet in natural gas reserves, making it the most endowed country on the continent in terms of gas reserves, ahead of Algeria, Egypt and Libya.

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