The continued drastic drop in Nigeria’s oil revenue poses a serious threat to its economy. The prospects of gas to revenue generation are vast and it needs to be managed judiciously. There should be more development of gas infrastructure in order to control the resource and turn it into cash.
Gas flaring creates environmental hazards that are toxic to living organisms in the affected area. Authorities in charge of existing oil fields need to eliminate these hazards no later than 2025, or the consequences will be gravely irreversible…..
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