Africa Needs Pragmatic Free Market Policies To Attract Capital Into Gas Markets
Rising government expenditure, burdensome regulations, and the lack of infrastructure to move Africa’s energy to grow markets are all undermining investor confidence in many African countries, and pragmatic free market policies will make the difference, writes NJ AYUK. Speaking at the International Petroleum (IP) Week on February 25, 2021, I commended Nigeria for its efforts in driving gas monetization, but we have to be clear that our industry and hardworking people remain frustrated by the delays and inability to pass and sign the Petroleum Industry Bill. There needs to be...