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In a monumental move, Nigeria has inked a deal with the African Export-Import Bank (Afreximbank) to fund a $200 million Liquefied Natural Gas (LNG) project in Bayelsa State, according to Vanguard News. The agreement, a significant stride towards Nigeria’s...
Introduction:
Rising concerns grip Nigeria as the price of cooking gas skyrockets to unprecedented levels, with a kilogramme now fetching between N1,000 and N1,200. Daily Trust's investigative report delves into the root causes and far-reaching consequences of this alarming surge in cooking gas...
The federal government illegally diverted $1.05 billion (N378 billion at N360 to a dollar) sourced from the Nigerian Liquefied Natural Gas (NLNG) dividend funds to secretly fund subsidy payment on petroleum products, PREMIUM TIMES can report today.
The diversion details are coming amidst...
About 15 years after the conception of Brass and Olokola Liquefied Natural Gas projects, the Federal Government, at the weekend, said revival of the projects were being...
Read more via The Guardian Nigeria Newspaper – https://ift.tt/2OKnXdk
Get more: Nigeria Business News
A pipeline explosion in Rivers state has sparked fresh panic.
The Right of Way housing two gas transmission system pipelines, one of which belongs to the Nigeria Liquefied Natural Gas Limited exploded on Wednesday. General Manager, External Relations Division of NLNG, Kudo Eresia-Eke, has...
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The Nigeria Liquefied Natural Gas Limited (NLNG) has supplied of liquefied petroleum gas (LPG), commonly called cooking, to Lagos to ease its shortage and attendant high prices.
The firm said it has successfully discharged 13,000 tonnes of LPG to Lagos jetty at the weekend.
In a statement...
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The Nigeria Liquefied Natural Gas Limited (NLNG), today, appointed Mr. Tony Attah, as its Managing Director and Chief Executive Officer, to take over from Babs Omotowa, who had held sway in the organisation since December 2011.
NLNG, in a statement by its General Manager, External...
The cooking gas business in Nigeria has been hijacked by a cabal, according to a report from the Nation.
This is the reason for the current increase in the price of cooking gas, the report says. The price of cooking gas has risen sharply from N2.3 million to N4.3 million for 20 tonnes. The...
The Federal Government is said to be launching a comprehensive probe into the controversial Halliburton bribery case in which top Nigerian politicians allegedly received huge bribes in the region of N66 billion.
Vanguard gathered that the Federal Government was keen on determining if, indeed...
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