A sales agreement hasn’t been signed yet as Chappal is raising funds to finance the deal.
UBA also aims to promote capacity for growth through non-financial services targeting SMEs.
It wiill be executed by the Ministry of Agriculture in partnership with the Niger Delta Development Commission.
"The Ministry has not awarded any such contract nor has signed any such contract agreement with any company in this…
Tinubu's Special Adviser on Energy, Olu Verheijen, said the measures will result in a 100% increase in gas production by…
"We have the technology and the financing to do it at scale," he added.
Nigeria, which had for years been burdened by a costly petrol subsidy regime, on May 29 ended the unsustainable scheme.
Nigeria's currency on Thursday declined further on the parallel market to N995 to a dollar.
However, on the official I&E window, the naira gained N33 naira to close at N738 to a dollar on Thursday,…