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NLNG remittances to Nigeria hit $110bn

…pays $18bn dividend The Nigeria Liquified Natural Gas, NLNG, has disclosed the remittance of over $110 billion to the federation account since 1999. Managing Director of the company, Tony Attah, disclosed this in Abuja, during the Sales and Purchase Agreement for domestic supply of LNG, according to a statement. Attah said the company was well […]

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FG grants N20bn tax reprieve to NLNG

To aid the construction of Bodo Bonny Bridge in Bayelsa State, the Federal Government, Thursday, granted Nigeria Liquefied Natural Gas (NLNG) company N20 billion tax waiver. The Federal Inland Revenue Service (FIRS) presented the road infrastructure credit certificate to LNG in Abuja. NLNG will receive four tax waivers valued at N46billion. Two credit certificates have […]

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We’re working to send Nigerian vessels to sea –NLNG boss

The Managing Director, Nigerian Liquefied Natural Gas Ship Management Limited, Abdulkadir Ahmed, has said the firm is working hard to ensure that vessels bearing the Nigerian flag can sail the global waters. Currently, Nigerianflagged ships are not engaged in international trade. Ahmed said this development was very unfortunate and a cause for concern among stakeholders […]

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NLNG signs MoU with USAID to eliminate malaria in Bonny

Nigeria LNG Limited (NLNG) has signed a five-year Memorandum of Understanding (MoU) with the U.S. Agency For International Development (USAID) to make Bonny Island, its operational base, malaria free. The MoU was signed by NLNG’s Managing Director/Chief Executive Officer, Engr. Tony Attah on behalf of NLNG and the United States (U.S.) Ambassador to Nigeria, Mary […]

Health

NLNG donates N381m Renal Centre to RSUTH

Nigeria LNG Limited (NLNG) has donated a Renal Centre worth N381 million to the Rivers State University Teaching Hospital (RSUTH) to support the hospital’s response to COVID-19 pandemic and to boost healthcare delivery in Rivers State. This is contained in a statement from NLNG and signed by its General Manager, External Relations and Sustainable Development, […]

Health

COVID-19: NLNG makes donations to Edo, Adamawa

Nigeria LNG Limited (NLNG) has donated medical equipment to Edo and Adamawa states as part of its contribution to the N11.4 billion Oil and Gas Industry Collaborative Initiative, spearheaded by the Nigerian National Petroleum Corporation (NNPC) to fight the COVID-19 pandemic. Edo and Adamawa States are the fourth and fifth states respectively to benefit from […]

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Senate orders probe of $18bn NLNG dividend payment

The Senate has directed the Accountant- General of the Federation, Mr. Ahmed Idris, to investigate the payment of the sum of $18,323,032,261.03 as dividend from investment in the Nigeria Liquefied Natural Gas (NLNG) Limited between 2004 and 2020. Chairman, Senate Committee on Finance, Solomon Adeola (APC, Lagos West), gave the directive following disclosures from NLNG […]

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NLNG postpones Nigeria Science, Literature, Literary Criticism prizes to 2021

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Nigeria Prize for Literary Criticism, has announced the postponement of the 2020 cycle of the prizes to 2021. The Nigeria LNG Limited, sponsors of the prizes, in a statement announcing the postponement, stated that the decision to postpone the […]

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