Search

Nigeria Awards 10 Gas Distribution Licenses to Boost Electricity Access

Breaking News
© Allen Dreyfus
  • NMDPRA grants licenses to 10 operators after competitive bidding
  • Reform aims to increase private sector involvement in the power sector

Lagos, Nigeria – The Nigerian Midstream and Downstream Authority (NMDPRA) has issued gas distribution licenses to ten operators following a competitive bidding process involving 30 investors. This marks the first licensing round since a landmark law allowed Nigeria’s 36 states to engage in power generation, distribution, and transmission, ending federal exclusivity.

You need an active subscription to continue reading this article.

Recent Business

PAPSS CARD LAUNCH © Afreximbank
Can PAPSSCARD compete with Visa and MasterCard on African soil?
Read More »
peinge-nakale-9dM9XfNuRfk-unsplash
Namibia’s banking liquidity improves despite asset dip
Read More »
Photo by Etty Fidele © Unsplash Cocoa
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
Read More »

Recent Politics

ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
Read More »
emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »

Latest Posts

Latest news insights