NUPRC Targets 50% Monetisation of Flared Gas, Achieves 60% Fugitive Methane Reduction Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that it was
targeting the monetisation of 50 per cent flared gas in the country through the Nigerian Gas Flare Commercialisation Programme (NGFCP).
Speaking when the leadership of the Human and Environmental Development Agenda (HEDA) visited him in his Abuja office, the Chief Executive of the commission, Gbenga
Komolafe, stated that Nigeria has already achieved 60 per cent fugitive methane emission reduction target from oil and gas for the first time. On assumption of office, he
said he immediately set to work by gazetting 12 regulations in line with the provisions of the PIA 2021, with 13 others currently at different stages of being gazetted.
He stated that the NUPRC had been working with security agencies and other relevant entities Continued on page 5
FG to Approve New National Electricity Policy by September...
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Kano Emirate Tussle: Court Reserves Judgement in Bayero’s Suit...
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Rewane: Gaps in Policy Consistency Taking Toll on Economy, Investor Confidence Says renewed currency pressure to pose economic difficulties in second half 2024
James Emejo in Abuja The Chief Executive, Financial Derivatives Company Limited,
Mr. Bismarck Rewane, has warned that the federal government's policy inconsistency was taking its toll on the economy as well as investor
confidence. The economist also warned that the renewed currency pressure may result in further economic predicament
for the country in the second half of the year. Rewane gave his perspectives on the economy at the Lagos Business
School (LBS) Breakfast Session, with the theme, "Nigerian Economy on The Brink - Adapt or Collapse?" a copy of which was obtained yesterday.
On the issue of policy inconsistency by the federal government, the FDC Continued on page 5
Governors Differ, Labour, OPS Divided as FG Offers N62,000 Minimum Wage See story on page 5
Tripartite committee forwards recommendation to president for consideration
VICE PRESIDENT’S OFFICIAL RESIDENCE INAUGURATION... L – R: Minister of State for FCT, Dr. Mariya Mahmoud; Minister of FCT, Nyesom Wike; Vice President Kashim Shettima; Senate President, Godswill Akpabio; Deputy Senate President, Sulieman Barau and Minister GODWIN OMOIGUI of State for Defence, Bello Matawale during presidential inauguration of the Vice President's Official Residence in Abuja... yesterday