National Wire About Nigerians, Nigerian Business and Other Stories
The House of Representatives on Wednesday asked the Federal Government to stick to the 2020 end date for gas flaring in the country in order to cut the harmful effects of the practice on the environment and the huge economic losses to the country.
Worse still, the House observed that International Oil Companies operating in the country had defaulted in the payment of the $3.5 penalty the government set per 1,000 SCF of gas flared. Three key committees of the House were mandated in a resolution to liaise with the appropriate organs to ensure that the government stuck to the exit date.
They are the committees on Gas Resources, Petroleum Resources (Upstream) and Petroleum Resources (Downstream).
