Women in energy commend Tinubu on Oil, Gas companies order 2024

Foremost gender equity advocacy group in Nigeria, the Women in Energy Network , has expressed delight at the Oil and Gas Companies Executive Order 2024 signed by President Bola Ahmed Tinubu.Foremost gender equity advocacy group in Nigeria, the Women in Energy Network , has expressed delight at the Oil and Gas Companies Executive Order 2024 signed by President Bola Ahmed Tinubu.

“The order which also provides fiscal and commercial incentives for investments in midstream petroleum industry would be the first set of spurs on commercial players in the industry in the last 20 years. And with the incentives hosted in the executive order, it is expected that some of the Nigeria’s discovered gas fields would now begin to see development and production investments.

She added that unlocking the development of Non-Associated gas in Nigeria would assist players in the midstream and downstream petroleum industry drive home some of the nation’s economic aspirations for the gas industry, including the autogas policy, LPG penetration programme, national gas expansion programme and gas-to-power programme.

Foremost gender equity advocacy group in Nigeria, the Women in Energy Network , has expressed delight at the Oil and Gas Companies Executive Order 2024 signed by President Bola Ahmed Tinubu. Shares of social media company Reddit soared nearly 50 percent on the New York Stock Exchange Thursday in a buoyant market debut that raised hopes about the IPO market.

Nigeria has emerged as the second-largest investor in plastics technology in Africa with €143 million pumped into the industry in 2022, a report from the Mechanical Engineering Industry Association , has revealed.

Source: News Formal (newsformal.com)

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