Stakeholders seek 10-year tax holiday for gas devt, zero flaring

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Gas-Flaring News

NCDMB,Sheriff Oborevwori

The push by the Federal Government to industrialise with gas and achieve zero gas flaring for clean energy footprint and monetisation

will require a 10-year tax holiday, according to stakeholders yesterday as the Nigerian Content Development Board will require a 10-year tax holiday, according to stakeholders yesterday as the Nigerian Content Development Board and Oildata Group opened a 300 million standard cubic gas gathering facility in Kwale, Delta State.

The investment in the facilities, which came at a time when the Central Bank of Nigeria stopped commercial banks from giving loans to service the oil and gas projects, received funding from the United States Trade Development Agency , while the primary funding came from NCDMB and Xenergi, a subsidiary of Oildata.

According to him, the gas facilities are pillars of progress that will support the socio-economic development of Delta State and Nigeria at large, while harnessing the abundant natural gas resources for cleaner energy jobs, local industry development, and contributing to a more sustainable environment.Before flagging, please keep in mind that Disqus does not moderate communities.

will require a 10-year tax holiday, according to stakeholders yesterday as the Nigerian Content Development Board The legal team of the detained leader of the Indigenous People of Biafra , Nnamdi Kanu, has submitted a list of judgments in the matter to the office of the Attorney General of the Federation , Lateef Fagbemi, at the Federal Ministry of Justice in Abuja.

 

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