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Bank of China, Sinosure to finance $2.6bn AKK gas pipeline ― FG

Bank of China, Sinosure to finance $2.6bn AKK gas pipeline ― FG

Loan to be repaid from pipeline transmission tariff, sovereign guarantee Set August 2020 for financial closure By Michael Eboh The Federal Government, Tuesday, disclosed that funding for the $2.6 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline would be provided by the Bank of China and SINOSURE, while two Chinese firms would be working along with their Nigerian
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Help bring down price of gas ― DISCOs beg FG

Help bring down price of gas ― DISCOs beg FG

Say thermal accounts for 80% of energy generation mix Lament sector’s N1.5tn liquidity gap By Chris Ochayi The electricity Distribution Companies, DISCOs, have called for Federal Government intervention on the high cost of gas, nothing that helping to bring down the price of the product would ensure the sustainability of the power sector. This Executive
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