We highlight key provisions of the Act that affect Nigeria’s gas sector focusing on regulation, pricing, taxation, incentives, licensing and gas flaring.
When it comes to climate change, the numbers reveal a case of unequal responsibility. While the effects of global warming are suffered by all, developed countries are at the centre of the activities causing it. According to Stears Business, “Developed countries are responsible for 79% of historical CO2 emissions; the United States, which is home to 4% of the global population, accounts for 22% of all emissions. By contrast, sub-Saharan Africa is responsible for only