Nigeria targets 3m bpd, $50bn investment, 215tcf gas

By Victor Ahiuma-Young & Johnbosco Agbakwuru ABUJA — The Federal Government has unveiled fresh plans to unlock Nigeria’s more than 215 trillion cubic feet (tcf) of proven natural gas reserves for industrial development, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the country could raise crude

The policy was unveiled on Monday at the 17th Quarterly Meeting of the Edo Gender-Based Violence Management Committee in Benin.

[Premium Times] "A central feature of the Policy is the use of Government's collective purchasing power to accelerate domestic infrastructure investment," the ministry stated.

Nigeria’s $50bn offshore investment target hinges on robust pipeline security and Niger Delta stability. Learn how securing pipelines is vital for economic

Al Salem Holding plans to expand its investment portfolio in Egypt from more than EGP 15bn currently to EGP 50bn over the next five years, representing a 234% increase, Chairperson Bahaa Salem said. The announcement was made during a media site visit to the group’s Blue Side Hub at Marina 5 on the North Coast, […] The