 will release a new gas price after a meeting with the energy adviser to President Bola Tinubu, Olu Verheijen.){kind=link}
|
Listen now
|
The Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) will release a new gas price after a meeting with the energy adviser to President Bola Tinubu, Olu Verheijen.
NMDPRA Chief Executive Officer Engr. Farouk Ahmed disclosed this to news men in Abuja.
He noted that the authority has already engaged the relevant stakeholders like the Nigerian Electricity Regulatory Commission (NERC).
He added that NMDPRA has also consulted the commercial sector that have all aligned with the new pricing template.
He further added: “Recently we have been engaging with all the stakeholders in arriving at the domestic price for gas.
“Very soon after the review with the Adviser today (Wednesday), we want to release the new price for the sector.
“We have consulted with NERC. We have consulted with the commercial sector and we have all aligned on the pricing and today we want to release the new price.”