INTERVENTION: CBN targets 3m jobs with 250bn Gas Intervention Fund

The Central Bank of Nigeria (CBN) is hoping to reduce Nigeria’s unemployment figure by at least three million if the N250 billion Gas Intervention Fund is judiciously implemented.

It is even more feasible as unfolding events suggest that the Federal Government’s policy of converting vehicles to run on natural gas may be further driven by the recent removal of subsidy on the consumption of premium motor spirit (PMS) otherwise known as petrol.