He noted that foreign exchange (forex) challenge also remains a major bottleneck for power investors as a result fluctuating exchange rates, which was less than N200 to a dollar when the power assets were bought, and currently above N350.
Browsing: Nigeria Oil and Gas Conference
He added that, “The resolution of cash call arrears will increase the confidence of JV Operators and therefore trigger more investment in new projects. To enhance profitability in our business, we’ve developed 12 business focus areas in line with the seven big wins to grow the industry.”
01 March 2017, Abuja – The Nigerian National Petroleum Corporation, NNPC, says it is determined to raise the crude oil…
“This year’s event will be unique in several respects. We are expecting about 6,000 conference delegates, 250 exhibitors, over 20 countries will be participating and these countries cut across all continents. Many oil and gas experts, thousands of media colleagues and hundreds of government representatives from different countries will also be in attendance. NNPC is a major sponsor and we have ensured that adequate preparation is on ground for the conference.”
