NNPC: bn investment needed to accomplish gas plan

NNPC: $40bn investment needed to accomplish gas plan

The Nigerian National Petroleum Corporation (NNPC) says $40 billion investment is needed to accomplish the nation’s gas plan.

Yusuf Usman, chief operating officer for gas and power at NNPC, made this known at a virtual forum on Wednesday.

President Muhammadu Buhari launched the ‘Decade of Gas in Nigeria’ on March 29, an ambitious plan by Nigeria to entirely power its economy with gas by the year 2030.

Buhari said the declaration of the decade of gas will set the tone for the development of the gas industry in the next ten years.

Speaking at the forum organised by the…

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