Governance

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Governance


Powergas follows strict corporate governance standards to ensure long-term sustainable growth and solid commercial policies. Our Board of Directors meet quarterly to review strategic direction and new investment opportunities – all decisions are made in consensus (super-majority rights).


Powergas has three committees; Investment, Audit & Remuneration and Governance (Social & Ethics) to set, monitor and enforce strict financial controls and fair policies across the organisation.



The Board reviews quarterly progress and steers committee focus for the upcoming quarter. All committees are chaired by a Powergas Board member and have active involvement from middle and senior management.

Powergas ensures domestic and international regulations, ranging from audit to safety, are met on time. Powergas fully supports the government’s Local Content Plan, which aims to add value to the Nigerian economy through the production of domestic goods and services, training and development of local manpower and investment in domestic infrastructure. Powergas fully complies with NOCGICD Act, 2010 regulations.

CNG Production Process


Winning awards

Best Compressed Natural Gas Production Company of the Year

There was no awards from 2019 -2022 due to Covid

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