The
Nigeria Sovereign Investment Authority (NSIA) will in a couple of weeks
announce a major investment in gas processing plants with the aim of solving
the problem of gas in the power sector of the economy, says Uche Orji, chief
executive, NSIA, managers of the nation’s sovereign wealth fund.
“In
the next three weeks, a big investment in gas processing will be announced by
the NSIA,” said Orji.
Orji,
who spoke in Lagos at the launch of “The Nigerian Banking Sector Report” by
Afrinvest, said that the investment
would be made out of the $200million for gas to power by the federal
government.
He
specifically said the investment under
the gas to power project, would be in
gas process and transportation, to enable gas get to the power plants.
He
said series of consultations and meetings have been
