11.09.2014 - Nigeria SWF to buy stake in gas processing plant
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...............................................Full Article: Source
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