FG, World Bank, others verify gas flare sites

FG, World Bank, others verify gas flare sites The Programme Coordinator of the Nigerian Gas Flare Commercialisation Programme, Ministry of Petroleum Resources, Mr. Justice Derefaka, says the federal government has commenced the verification of gas flare sites across the country. Derefaka disclosed this at the Gas Buyers’ Forum, organized by the Gas Aggregation Company of Nigeria,in Abuja, on Wednesday. He said that the federal government had discovered that there were at least 178 sites where gas were flared, as opposed to 140 sites listed in the past. He said the…

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World Bank chief unopposed for 2nd term

American president of the World Bank, Jim Yong Kim stands unopposed for a second term, with an invaluable endorsement by the US Treasury Department. In keeping with an unbroken tradition, the US nominee will again fill the presidency at the World Bank, while the International Monetary Fund remains in European hands as Christine Lagarde, also unopposed, began a second term as managing director in July. After nominations opened, the US Treasury offered its support for a second term for Kim, helping to discourage any other candidacy. No other country took…

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