“The Nigerian oil and gas industry has a very limited window to get things right and must work toward the rapid exploitation of its vast hydrocarbon assets.”
The Afreximbank called on African financial institutions to join it to bridge the finance gaps.
The two billion dollars UTM Offshore FLNG will be the first such project developed by an African company on the continent.
Four Zimbabwean organisations will receive $188 million from African Export-Import Bank to import prepaid meters to improve the supply of electricity and revenue.
Afreximbank explained that the grant will enable NIPRD to produce APIs locally in Nigeria.
Nigeria in February requested 18.4 million of the Johnson & Johnson vaccine.
