Business

NLNG, LCCI promote sustainable food security in Nigeria

Ihesiulo Grace 4 February 2023 0

By Joy Obakeye Nigeria LNG Limited (NLNG), in partnership with the Lagos Chamber of Commerce and Industry (LCCI), presented the joint-winning works of The Nigeria Prize for Science (2022) to industry players to push agricultural innovations that can positively impact food security in the

Business

We lost $7bn in revenue in 2022 due to gas supply constraints, insecurity-NLNG

Ihesiulo Grace 9 August 2022 0

By Doosuur Iwambe The Nigeria Liquefied Natural Gas (NLNG) Limited says it has lost almost $7 billion in revenue so far in 2022 due to a shortage of gas supply. The revenue loss can be attributed to the increasing security challenge which has hit the oil and gas companies across the country and has negatively […]

News

Buhari inaugurates the NLNG Train 7 project in Rivers

Ihesiulo Grace 15 June 2021 0

President Muhammadu Buhari, officially launched the Nigeria Liquefied Natural Gas Train 7 project in Bonny, Rivers State, on Tuesday. Buhari praised NLNG and its owners for demonstrating that a Nigerian company can run a world-class operation in terms of safety, profitability, and accountability. He stated that his administration’s priority was to accelerate the

Business

FIRS Grants NLNG N20bn Tax Exemption

Ihesiulo Grace 23 April 2021 0

The Nigeria Liquefied Natural Gas (NLNG) Company has been granted an N20 billion tax exemption by the Federal Inland Revenue Service (FIRS) for the building of the Bodo Bonny Bridge in Rivers State. According to a statement released by FIRS, the tax agency presented a road infrastructure credit certificate to NLNG yesterday in Abuja. In […]

News

Reps summon accountant-general, CBN gov, finance minister over illegal withdrawal of $21bn NLNG funds

Ihesiulo Grace 4 December 2020 0

The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed; Governor of the Central Bank of Nigeria, Godwin Emefiele; and the Accountant General of the Federation, Ahmed Idris, over alleged illegal withdrawal of $21bn from the Nigeria Liquefied and Natural Gas Limited’s Dividends Account between 1999 and 2020, Daily […]

Business News

NLNG, Eni sign Sale and Purchase Agreement

Ihesiulo Grace 28 January 2020 0

Abuja – The Nigeria Liquified Natural Gas Limited (NLNG) says it has signed a LNG Sale and Purchase Agreement (SPA) with ENI for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. NLNG disclosed this in a statement signed by Eyono Fatayi-Williams, its General Manager, External Relations, in Abuja, on Monday. It […]

News

NLNG begins discharge of cooking gas to Oil Jetty terminal in Lagos

Ihesiulo Grace 11 November 2019 0

Lagos – The Nigeria Liquidified Natural Gas (NLNG) says it will on Monday begin to discharge cooking gas to the New Oil Jetty (NOJ) terminal in Lagos. Its Manager, Corporate Communications and Public Affairs, Mrs Sophia Horsfall, made this known on Monday in Lagos. Horsfall spoke against the backdrop of marketers’ allegations of indiscriminate hike […]

News

Senate to invite NLNG on $10bn Train 7 project

Ihesiulo Grace 11 November 2019 0

The Chairman, Senate Committee on Local Content, Senator Teslim Folarin, says the Senate will invite the Nigeria LNG Limited to ensure compliance with local content laws in its 10 billion dollars Train 7 project. The senate disclosed this in a statement by  Bamidele Ajibola, while hosting the Managing Director of NLNG, Mr Tony Attah. He […]

News

Supply gas to coastal terminals outside Lagos, marketers urge NLNG

Ihesiulo Grace 10 November 2019 0

Lagos – Some cooking gas marketers have appealed to the Nigerian Liquefied Natural Gas (NLNG) to supply gas to other coastal terminals outside Lagos to reduce the inherent pressure on the terminals in the Southwest. The marketers said the appeal was necessitated by the indiscriminate hike in the price of Liquefied Petroleum Gas (LPG) commonly […]

Business Oil & Gas Politics

Senate to support $10bn NLNG investment

Ihesiulo Grace 8 November 2019 0

The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural Gas ( NLNG). It also urged Nigerians to actively participate in the project which would create 10,000 new jobs and expand gas production capacity by 35 per cent. READ ALSO: Gas, future oil of

Headlines News

NLNG spends $30bn on gas plants, infrastructure in Bonny Island

Ihesiulo Grace 14 October 2019 0

The Nigerian Liquefied Natural Gas Company (NLNG) has invested over 30 billion US dollars (N10.8 trillion) to build gas facilities and other infrastructures in Bonny Island, Rivers, an official said. Mr. Tony Attah, Managing Director of NLNG, disclosed this on Sunday at the end of week-long activities marking the company’s 20/30 Anniversary Celebration. The News […]

Business

NNPC challenges NLNG shareholders on production capacity

Ihesiulo Grace 11 October 2019 0

Abuja – The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work towards expanding the production capacity of the company beyond Train 7. The Group Managing Director of NNPC, Malam Mele Kyari, gave the charge in a statement signed by the Acting Spokesman for the Corporation, Mr […]

Energy News

Alleged Use Of NLNG Account; NNPC To Aid NASS Investigation

Ihesiulo Grace 23 November 2018 0

Against the backdrop of full scale investigation of NNPC gas export account, The Nigerian National Petroleum Corporation (NNPC) has offered to provide details of the Nigerian Liquefied Natural Gas (NLNG) Dividends Account from 1999 till date to give the Senate and the general public a comprehensive insight into the operations of the account. Group Managing […]

Headlines News

NEC, FAAC okays $1.05bn NLNG dividends for fuel subsidy

Ihesiulo Grace 8 November 2018 0

…We paid N128bn into federation account in August –NNPC Indications are rife that the National Economic Council (NEC) and the Federation Allocation Accounts Committee (FAAC) approved the use of Nigeria Liquefied Natural Gas dividends for the financing of the petroleum products importation. One of the members of FAAC, who revealed this on condition of anonymity […]

News Nigeria

NLNG pays over $100bn to FG, other equity holders

Ihesiulo Grace 30 August 2018 0

Managing Director of the Nigerian Liquefied Natural Gas (NLNG), Tony Attah, on Wednesday disclosed that over $100 billion has so far been remitted to the federal government and other equity holders in the company as revenue. Attah disclosed this at the investigative hearing organized by the House of Representatives Committee on Gas Resources into the […]

Headlines News

FG denies plan to sell NLNG

Ihesiulo Grace 29 August 2018 0

*Reps query $1.6bn contract variation Minister of State for Petroleum Resources, Dr. Ibe Kachikwu on Tuesday, laid to rest speculations that the President Muhammadu Buhari-led administration plans to sell the Nigerian Liquefied Natural Gas Limited (NLNG) located at Bonny Island, Rivers State. Speaking through the Director of Gas Resources, Mrs. Esther Ifejika at an

Headlines News

NLNG offsets $5.45bn Loan, generates $25bn

Ihesiulo Grace 11 July 2018 0

…NNPC, stakeholders sign pact The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni have signed the Front-End Engineering Design (FEED), contract of Train 7 of the Nigeria Liquefied Natural Gas Ltd (NLNG) Wednesday in London. A statement from NNPC, Wednesday, stated that the event also witnessed the commemoration of the successful repayment of

News Nigeria

NLNG, researchers urge more investment in innovations to defeat malaria

Ihesiulo Grace 25 April 2018 0

…As Ogbono soup boosts efficacy of anti-malaria drug As Nigeria joins the rest of the world to mark this year’s World Malaria Day, five scientists who emerged joint winners of the 2017 Nigeria Liquefied Natural Gas (NLNG) Prize for Science, have called on the federal government to renewed its effort by investing more in innovations […]

Headlines Politics

Embrace common platform , Wike tells Rivers politicians

Ihesiulo Grace 26 December 2017 0

Only a common platform, irrespective of political affiliations can attract Federal Government projects for the development of Rivers State. This is the declaration made by Governor Nyesom Wike to the politicians in Rivers State in Port Harcourt on Monday. Governor Wike said that the united front was needed to challenge the current situation where the […]

News

MD YUSUF, FORMER IG DIES AT 84

Ihesiulo Grace 2 April 2015 0

The Nigeria Police on Thursday announced the death of a former Inspector-General of Police, Mr Muhammadu Dikko Yusuf. In a statement issued in Abuja by the force spokesman, Mr Emmanuel Ojukwu, Yusuf, aged 84, died on April 1. NAN reports that late Yusuf was the third indigenous Inspector-General of Police and served between 1975 and […]