Page 2 - Lee Engineering News Today

The Senate Committee on Gas Resources probing the N135bn Gas Intervention Fund disturbed by the Central Bank of Nigeria (CBN) to some oil and gas companies,

Production of natural gas fell last year despite a N250bn intervention fund provided to fifteen companies, The PUNCH findings have revealed.

The Nigerian Gas industry has recorded a decline in production despite the Central Bank Of Nigeria’s (CBN) Nigeria Gas Expansion Programme (NGEP) worth ₦250 billion in the sector. | Pulse Nigeria

The lawmakers described as unacceptable the fact that there was no synergy between the Ministry of Petroleum Resources and the CBN on the project.

Senators in the Committee on Gas Resources on Thursday expressed disaffection over the blame game between the Ministry of Petroleum Resources and the

Senate Threatens To Involve EFCC In CBN N250bn Gas Intervention Funds Probe

The Senate panel said it observed that some of the companies did not utilise the fund for the purpose it was obtained.

On his part, the Chief Executive Officer, Elsewedy Electric, Ahmed Elsewedy, frowned on the current inconsistency in the political system in Africa, as many projects were either delayed or frustrated by this system.

The problems in the neighborhood near Sandia High School near Pennsylvania and Candelaria prompted city councilor Tammy Fieblekorn to commission a study.

New councilmembers Brandon Jenson, Callie Carroll and Derek Lee were sworn in Tuesday night.