Monday 15 February 2016

GAS FLARING: FG MOVES TO END N500BN ANNUAL LOSSES

Gas flaringThe Federal Government is plotting to end the N500 billion ($2.5 billion) annual losses in revenue to gas flaring by the oil companies in Nigeria through a fresh legislation, New Telegraph gathered at the weekend.

A source at the ministry of petroleum resources told this newspaper that a new deadline is being planned to reduce the 42-year-old air and environmental pollution in the Niger Delta.

Read more @ New Telegraph

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