For potential investors willing to invest in Nigeria’s gas value chain, the Central Bank of Nigeria (CBN) has given guidelines on how to access N250 billion intervention fund for the National Gas Expansion Programme (NGEP).

The NGEP is seeking to promote gas as replacement fuel and also save the nation the much-needed foreign exchange expended on imported fuels by providing alternatives to petrol, diesel and kerosene.
In order to attract prospective investors, the CBN entered into collaboration with the Ministry of Petroleum Resources to set up a N250 billion intervention facility expected to stimulate investment in the gas value chain.

Source: Business Day