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FG Launches Council To Attract $575 Billion Gas Investments
FG Launches Council To Attract $575 Billion Gas Investments....KINDLY READ THE FULL STORY HERE▶
The Federal Government has taken a significant step towards boosting investments in Nigeria’s gas sector by inaugurating the Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF). The aim is to attract investments totaling $575 billion to enhance the country’s gas infrastructure…….CONTINUE READING
Appointed by President Bola Tinubu late last year, the governing council is tasked with leading the MDGIF, a government fund designed to invest in infrastructure projects focused on improving the transportation, processing (midstream), and utilization (downstream) of natural gas in Nigeria.
Chaired by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, the council aims to achieve several objectives, including attracting significant investments to develop Nigeria’s gas sector and expanding midstream and downstream gas infrastructure to create a more robust gas market in the country.
During the inauguration meeting held in Abuja, Minister Ekpo emphasized the importance of the MDGIF in driving innovation, creating jobs, and contributing to the overall development of Nigeria. He highlighted the fund’s role in fostering an environment conducive to private sector participation and international collaboration.
With ambitious goals, including reducing the prices of liquefied petroleum gas (LPG) and compressed natural gas (CNG), the MDGIF aims to serve as a catalyst for sustainable development and economic prosperity in Nigeria.
The minister called for collaboration among domestic and international stakeholders, in alignment with recently signed executive orders on petroleum sector reform, to unlock the vast potential of Nigeria’s gas sector and propel the nation to new heights of economic prosperity.
Assuring the minister of their support, Ahmed Farouk, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority and a member of the council, affirmed the team’s commitment to meeting the goals set forth.
Funding for the MDGIF will come from a levy on the wholesale price of petroleum products and natural gas sold in Nigeria, as well as grants, donations, interest earned on the fund’s balance, and income from equity investments.
This initiative underscores the government’s commitment to leveraging Nigeria’s abundant gas resources for sustainable development and economic growth.
Okechukwu Nnodim, a seasoned journalist with Punch Newspapers, covers a wide range of topics including Energy (Power and Petroleum), Finance, Agriculture, Environment, and more.
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UNICEF Breaks Silence! The Truth Behind The Viral Photos Of Messi And Baby Lamine Yamal!.
UNICEF has officially authenticated the viral images of Lionel Messi bathing an infant Lamine Yamal, confirming they are not digitally altered.....KINDLY READ THE FULL STORY HERE▶
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Origin: The images were captured over 18 years ago by Spanish photographer Joan Monfort during a UNICEF charity calendar photoshoot intended to raise funds.
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Participants: The shoot featured a young Lionel Messi, the infant Lamine Yamal, and Yamal’s mother, Sheila.
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Clarification: UNICEF addressed public skepticism and rumors of image manipulation by explicitly confirming the authenticity of the photos on their platform.
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Current Roles: Both Messi and Yamal now serve as UNICEF Goodwill Ambassadors, utilizing their respective platforms to advocate for children’s rights globally.
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Symbolism: Many fans view the resurfaced images as a symbolic “passing of the torch” between two football generations, a sentiment highlighted as Messi’s Argentina prepares to face Yamal’s Spain in an upcoming FIFA World Cup match.
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Ambassadorial Nomination Under Fire: Frank Tie Tie Exposes ‘Mistake’ Regarding Ex-FUOYE VC Fasina!.
Human rights lawyer Frank Tietie has criticized the nomination and subsequent confirmation of Professor Abayomi Fasina, the former Vice-Chancellor of the Federal University, Oye-Ekiti, as a non-career ambassador designate.....KINDLY READ THE FULL STORY HERE▶
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Prior to his confirmation, a coalition of civil society organizations protested at the National Assembly on July 7, 2026, opposing Fasina’s nomination due to pending court cases involving allegations of sexual harassment, human rights violations, and victimization.
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Despite these protests, the Nigerian Senate officially confirmed Fasina’s appointment as a non-career ambassador on Thursday.
Frank Tietie’s Position
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During an interview on ARISE Television, Tietie argued that nominating an individual with such “baggage” was a mistake, emphasizing that ambassadors represent Nigeria in the same capacity as the President.
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Tietie stated that the government should have sent the “right signals” by avoiding such controversial appointments, especially given the current state of governance.
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He argued that even in the absence of a final court judgment, the allegations themselves have “tainted” Fasina’s reputation, and the Senate should have delayed the confirmation until the legal matters were resolved.
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Tietie also suggested that the National Assembly’s decision overlooks significant social changes regarding how such allegations are now viewed by society.
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“They Want Me Gone!” Peter Obi Speaks Out Amidst Mounting Assassination Fears!.
Peter Obi, the 2027 presidential candidate for the Nigeria Democratic Congress (NDC), has publicly claimed that there was an orchestrated plan to assassinate him in April 2025 during a scheduled humanitarian trip to Benue State. He detailed these allegations during a high-level roundtable discussion in Berlin, Germany.....KINDLY READ THE FULL STORY HERE▶
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The Venue: Obi made the disclosure while participating in the “Nigeria in 2027 and Beyond” roundtable, an event organized by the European Council on Foreign Relations (ECFR) in Berlin.
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The Benue Incident: The former Anambra State governor explained that his planned outreach in Benue State was initially halted after the state government issued a cautionary directive advising him against making the trip.
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The Attack: Obi claimed that a shootout actually occurred when he attempted to visit the location, confirming his fears of an active plot against his life.
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Frustration Over Skepticism: Expressing deep disappointment over the state government’s handling of the situation and the public’s doubt regarding his safety, Obi challenged the skepticism. He emphatically asked, “What else do you need? Do you need somebody to die before you believe it? There was already a shootout when I tried to visit the place. Once they said, ‘Don’t come here.’ What else do you want me to tell you about the attempt on my life.”
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