Monday 7 March 2016

NIGERIA LOSES N139.2B MONTHLY TO GAS FLARING

Nigeria loses N139.2b monthly to gas flaringNigeria has continued to lose N139.2 billion monthly to gas flaring following the inability of the Brass and Olokola liquefied natural gas companies to come on stream to reduce the revenue-sapping situation.

The country lost up to $814.14 million (about N162.8 billion) to gas flaring in 2015 alone.

Read more @ The Guardian

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