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Nigeria needs $20bn yearly to bridge gas infrastructure gap-FG

The Federal Government yesterday disclosed that about $20 billion investment yearly is required to bridge the gas infrastructure gap in the country in the next 10 years.

Minister of State for Petroleum Resources, Chief Timipre Sylva disclosed this in Abuja while meeting the Governing Council of the Midstream & Downstream Gas Infrastructure Fund, MDGIF.

He said: “It is estimated that more than $20 billion yearly will be required over the next ten years to bridge these gaps,” the Minister said.

Source: Vanguard