Blocking funding for gas projects by DFIs worrisome – Osinbajo - Punch Newspapers

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Vice President Yemi Osinbajo has expressed concern over development finance institutions and some countries insisting that gas projects should be defunded.

Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, disclosed these in a statement titled ‘We are happy U.S is back on track with climate change, says Osinbajo’. Osinbajo said, “We are concerned, amongst other things, first about some of what has been going on, especially around gas as an effective transition fuel, and how many of the Development Finance Institutions and some countries are insisting that gas projects should be defunded.

 

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